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Generally speaking, a summary appraisal gives a price range as to what the business, building, land, ect. . ., could be appraised. Professional businesses will use them to plan taxes, finances, and even help plan for future transitions. They can work for litigation purposes as well; however, it is probably a good idea to get a full appraisal if that is your reason for getting it. They are not as detailed as a full appraisal and don't require as much paperwork.

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15y ago

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