§ 1258.260.Information Included In State of Valuation Data

This is the heart of Article 2's disclosure obligation, and it's detailed on purpose. Beyond the witness's name and address, the statement has to say whether the witness will opine on any of the four matters § 1258.250 lists, and for each one, what that opinion is -- plus, to the extent the opinion rests on them, the interest being valued, the date of valuation used, the property's highest and best use, the applicable zoning and any expected change in it, the comparable sales, contracts, and leases behind the opinion, reproduction or replacement cost and depreciation figures, income and capitalization data, a description and value of the larger parcel if only part of it is being taken, and the method behind any goodwill-loss figure.

For each sale, contract, or lease relied on, the statement has to identify the parties, the property's location, the transaction date, recording details if recorded, the price and terms (or, alternatively, where and when the underlying document is available for inspection), and the property's area and shape. If the witness's opinion leans on someone else's opinion, that person has to be identified too, along with that person's occupation and the subject of their opinion.

Two closing rules round this out. Ordinarily, the witness must sign the statement confirming it reflects the witness's opinions and knowledge on the matters covered. But a party can skip that separate signed statement by using the witness's own appraisal report as the statement of valuation data, so long as the report already contains everything this section requires.