Common use of APPRAISALS OF REAL PROPERTY Clause in Contracts

APPRAISALS OF REAL PROPERTY. (1) The Board shall require and the Bank shall obtain a current independent appraisal or updated appraisal, in accordance with 12 C.F.R. Part 34, on any loan that is secured by real property:

Appears in 6 contracts

Samples: Agreement by And, Agreement by and Between (First Community Corp /Sc/), Agreement by And

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APPRAISALS OF REAL PROPERTY. (1) The Board shall require and the Bank shall obtain a current independent appraisal or updated appraisalappraisal or evaluation, in accordance with 12 C.F.R. Part 34, on any loan that is secured by real property:

Appears in 2 contracts

Samples: Agreement (Britton & Koontz Capital Corp), www.occ.gov

APPRAISALS OF REAL PROPERTY. (1) The Board shall require and the Bank shall obtain a current independent appraisal or updated appraisal, in accordance with 12 C.F.R. Part 34, on any loan exceeding two hundred fifty thousand dollars ($250,000) that is secured by real property:

Appears in 1 contract

Samples: occ.gov

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APPRAISALS OF REAL PROPERTY. (1) The Board shall immediately require and the Bank shall obtain a current independent appraisal appraisals or updated appraisalconduct independent evaluations, in accordance with 12 C.F.R. Part 34, on any loan that is secured by real property:

Appears in 1 contract

Samples: occ.gov

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