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This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD), based on an interior and exterior inspection of the subject property.his report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD), based on an interior and exterior inspection of the subject property.
1. variable noun. 1  If you make an appraisal of something, you consider it carefully and form an opinion about it. 2  Appraisal is the official or formal assessment of the strengths and weaknesses of someone or something. Appraisal often involves observation or some kind of testing.