Equipment and machinery
Construction, agricultural, and industrial equipment, from excavators and tractors to CNC machines.
Fields on every file
Condition and maintenance history drive equipment value, so you record hours, attachments, and the service trail. A loader with documented maintenance appraises differently from an identical machine without it, and the report shows why.
- Serial number, make, model, year
- Operating hours and hour meter condition
- Attachments and configuration
- Maintenance and service history
- Premise of value and liquidation period
Governing standard
USPAP Standards 7 and 8, with the ASA premises of value
The report names the premise of value it uses, states the anticipated liquidation period when the premise is orderly liquidation, and treats installation and de-installation explicitly under continued use.
Credentials
- Required to practice
- ASA accreditation
- Optional designations
- Accredited Senior Appraiser, Machinery and Technical Specialties
Source documents
Titles where they exist, logbooks and hour records, maintenance and service receipts, purchase documents, inspection reports.
Report types
- Fair market value
- Orderly liquidation
- Forced liquidation
- Insurance
The finished report
A premise ladder runs each recognized premise against the subject, so a lender reads continued use, orderly liquidation, and forced liquidation on one page.
Every report prints the cover, letter of transmittal, executive summary, subject identification, assignment and scope of work, condition analysis, methodology, comparable analysis, reconciliation, certification, signature, sources, supporting documents, the legal notice, the appraiser certification appendix, and a verification page whose QR code resolves to the record.