Landlords leasing properties to tenants, give up a portion of the bundle of rights by virtue of the lease. The tenant in some cases may possess an interest in the value of the property when leases are relatively long term and when rents are below market. A Leased Fee Appraisal will determine the portion of the Fee Simple Value of a property that is vested in the landlord. This can be a significant factor when leased properties are being financed, as the collateral may be reduced from that of Fee Simple Market Value.
ELLIOTT® is equipped to perform Leased Fee Appraisals anywhere in the United States. We offer service in all counties within all fifty states.