Ill. Admin. Code tit. 17 § 1585.30

Current through Register Vol. 48, No. 52, December 27, 2024

Section 1585.30 - Appraisers

a) Within 15 days after receiving a court order requiring the appointment of these appraisers, the Department shall initiate the contact of enough potential appraisers to obtain 3 who agree to appraise the ordered site. Appraisers shall be either:

1) Timber buyers currently licensed in Illinois; or

2) Individuals possessing at least a bachelor's degree with a major in Forestry and who have expressed a willingness to be a timber appraiser and have a knowledge of Illinois' local commercial timber values.

b) Disqualification. Appraisers must not have contracted nor conducted business with either the plaintiff or defendant in the case within the previous 5 years.

c) Report. Within 10 working days after examining the site, each appraiser shall submit a report to the Department. The report must contain, at a minimum, the appraiser's name and address and the total value determination. This report must be accompanied by the appraiser's expenses as a separate document listing the court case as the billing party.

d) Payment. Appraisers shall be paid by the parties pursuant to Sections 3 and 4 of the Act.

Ill. Admin. Code tit. 17, § 1585.30