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1 <br /> PRELIMINARY,APPRAI4AL INFORMATION (continued) <br /> UNAVAILABILITY OF INFORMATION <br /> All information necessary to develop an estimate of value of the subject property was <br /> available to the appraisers. <br /> 0 EXPOSURE TIME AND MARKETING PERIOD <br /> i <br /> Exposure time is defined within the USPAP, Statement 6, as: <br /> The estimated length of time the property interest being appraised would have <br /> been offered on the market prior to the hypothetical consummation of a sale at <br /> market value on the effective date of the appraisal; a retrospective estimate <br /> based upon an analysis of past events assuming a competitive and open <br /> market. <br /> Exposure time is best established upon the experience of recent comparable sales. The <br /> sales indicate a standard exposure period of less than one year for appropriately <br /> priced investment properties. <br /> Marketing period is very similar to exposure time, but reflects a projected time period to <br /> self the property, rather than a retrospective estimate. As such, a similar time period of <br /> less than one year is estimated for the subject's marketing period. <br /> ', <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br />