On the Record: The Rules of Appraisals

What is an appraisal summary?
In addition to the qualified appraisal, a donor who claims a charitable deduction in excess of $5,000 for a donation of property must attach an appraisal summary to the return on which the deduction is claimed.

Basically, an appraisal summary is an overview of the qualified appraisal. It must include the name and tax identification number of the donor; a detailed description of the property and its physical condition; the appraised value of the property; the identity of the qualified appraiser; and an explanation of how the qualified appraiser was compensated.