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12. For alternate appraisals and appraisals proposing the purchase of excess land, see Sections 7.03.00.00 and 7.14.00.00 of Caltrans Appraisal Handbook for specific instructions. 13. For appraisals proposing "Construction Contract Work," that is, curative work on the owner's remaining property to be done by the project contractor, see Section 7.09.09.00 of Caltrans Appraisal Handbook for specific instructions. 14. Tenant-Owned Improvements. Separate contributory and salvage values should be assigned to all tenant-owned improvements. The greater of the two va~lues should be assigned to each tenant-owned improvement. See Section 7.07.14.00 Tenant-Owned Improvements, of Caltrans Appraisal Handbook. 15. Valuation/Ownership of "Improvements Perthining to Realty" (Eminent Domain Code Section 1263.205). For properties which include machinery, equipment or fixtures, itemize in detail such items to be acquired. To the extent possible, detem,ine the ownership claims of "Improvements Pertaining to the Realty." See Section 7.08.00.00 of Caltrans Appraisal Handbook. 16. Leasehold Interests - "Bonus Values." The valuation of parcels will first be made as if free and clear of any leasehold interests. In addition, the appraisal report will contain the value accruing to a tenant owning a business operated on the property. This is separate from, and in addition to, the valuation of any tenant-owned fixtures, equipment or other improvements considered "improvements pertaining to the realty." The appraiser must state both the economic and contract rents in the appraisal report. (See Section 7.04.06.00 of Caltrans Appraisal Handbook.) 17. Retention/Salvage Value. Assign a salvage value to the real property improvements on the site. This mount will be used if owners or tenants choose to retain improvements and move them from the site. See Section 7.07.00.00 of Caltrans Appraisal Handbook to determine when the retention value should be estimated and shown in the appraisal report. 18. Photographs. All appraisals should include identified photographs of the subject property including all principal above-ground improvements, machinery, equipment, trade fixtures and unusual features affecting the value of the property to be taken or damaged. 19. Comparable Data. Each appraisal report will contain or make reference to the comparables which were used in arriving at the fair market value. Analysis of comparable data shall be done in confoimance with Section 7.05.02.02 of Caltrans Appraisal Handbook. a. The appraiser will state the date of sale, names of parties to the transaction, consideration paid, financing, conditions of sale and with whom and when these were verified, the location, total area, type of improvements, appraiser's estimate 8 of 10 Appendix "B"