Appraisal Condition and Value Survey for Estate Settlement or Donation ....
This type of inspection is a comprehensive, videography and consultation service offered by
J.N. Allinson Associates, Inc. It draws upon on knowledge from practical experience and research
required to offer an opinion of the Estimated Market Value using comparable sales of boats in similar physical condition.
When it comes to the valuation of boats for Estate Settlement or Donation, the United States Internal Revenue Serve states that "Except for inexpensive small boats, the valuation of boats should be based
on an appraisal by a marine surveyor because the physical condition is so critical to its value."
link to IRS publication561 for boat valuation
Terms of the Appraisal Condition and Value Survey are stated within the Contractual Agreement
authorizing J.N. Allinson Associates, Inc. to perform the Report of Survey.
GUIDELINES OF SURVEY:
MANDATORY STANDARDS PROMULGATED BY THE UNITED STATES COAST GUARD
& Technical Information Reports for
Fire Protection Standard for
Marinas and Boatyards
Standard for Infrared Inspection of Recreational Yachts & Small Craft Constructed of Fiberglass
Reinforced Plastic and Composite Materials
Published by Infraspection Institute ... co-authoried by J.N. Allinson Associates, Inc.
425 Ellis Street
Burlington, NJ 08016
J.N. Allinson Associates, Inc. uses a "systems approach" and incorporates the
Recommended Survey Report Content for Yacht & Small Craft.
©copyright 2011 J.N. ALLINSON ASSOCIATES, INC.