Common use of Appraisals of Collateral Clause in Contracts

Appraisals of Collateral. The lender shall ensure that the value of any collateral property or property to be purchased is determined by a qualified appraiser, including a certified appraiser when required by law or regulation.

Appears in 3 contracts

Samples: Lender's Agreement, Lender's Agreement, Lender's Agreement

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Appraisals of Collateral. The lender Lender shall ensure that the value of any collateral property or property to be purchased or refinanced is determined by a qualified appraiser, including a certified appraiser when required by law or regulation.

Appears in 1 contract

Samples: Lender’s Agreement

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