; and (ii) the Uniform Standards for Professional Appraisal Practice. (2) Low value parcels (A) Valuation The Secretary may, with the consent of the State, use a mass appraisal or statement of value made by a qualified appraiser carried out in accordance with the Uniform Standards for Professional Appraisal Practice instead of an appraisal that complies with the Uniform Appraisal Standards for Federal Land Acquisitions if the State and the Secretary agree that the market value of a State land grant parcel or a parcel of unappropriated public land is— (i) less than $500,000; and (ii) less than $500 per acre. (B) Division A State land grant parcel or a parcel of unappropriated public land may not be artificially divided in order to qualify for a mass appraisal or statement of value under subparagraph (A). (3) Ledger accounts (A) In general The Secretary and the State may agree to use a ledger account to make equal the value of land relinquished by the State and conveyed by the Secretary to the State under this section. (B) Imbalances A ledger account described in subparagraph (A) shall reflect imbalances in value to be reconciled in a subsequent transaction. (C) Account balancing Each ledger account established under this paragraph shall be— (i) balanced not later than 3 years after the date on which the ledger account is established; and (ii) closed not later than 5 years after the date of the last conveyance of land under this section. (4) Costs The Secretary or the State may— (A) assume costs or other responsibilities or requirements for conveying land under this section that would generally be the responsibility of the other party