A report should be well written, to the point, and precise. You will want to make sure the appraiser is performing a report that is USPAP (Uniform Standards of Professional Appraisal Practice) compliant. The standard items below should be included in the report:

Who the users are:

• Reasoning behind the use of the appraisal
• Value definition
• Date upon which evaluation is effective
• Date appraisal was administered
• Explain the scope of work performed
• What the use of the equipment is
• USPAP certification, including signature of appraiser