(a) Required Content. When an appraisal is required, the appraisal shall be prepared and executed by each appraiser named in the Inventory, other than the personal representative. The appraisal shall (1) describe briefly the appraiser's qualifications, (2) list in columnar form each item appraised and its market value as of the date of death of the decedent and (3) be verified substantially in the following form:

and that the appraisal was done impartially and to the best of my skill and judgment.

Appraiser

Address

(b) Basis of Appraisal. The basis of appraisal need not be set forth in the appraisal, but, upon request of the register or order of the court, the personal representative shall produce the basis for inspection by the register.

Cross reference: Code, Estates and Trusts Article, §§ 2-301 through 2-303, and § 7-202 (a) and (b). For valuation other than at appraised fair market value under certain circumstances, see Code, Estates and Trusts Article, § 7-202 (c).