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
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