STANDARD DEFINITIONS. Ã¸ Appraisal. An appraisal is a written statement, independently and impartially prepared by a. qualified appraiser, setting forth an opinion of defined value, of an adequately described. property, as of a specific date, supported by the presentation and analysis of relevant. market information. Ã¸ Contributory Value. Contributory value of an improvement, fixture, tract of land or portion thereof is an.
The given Montenegro location map shows that Montenegro is located in the south-eastern part of Europe.
Bormio is located in the geographic area known as Valtellina [1] , or the Magnificent Land. Lower Valtellina extends from the northeast corner of Lake Como up to Tirano, while Upper Valtellina extends up from Tirano and is comprised Valdisotto, Bormio, Valdidentro, and Valfurva.