Common use of INITIAL SCREENING ASSESSMENT Clause in Contracts

INITIAL SCREENING ASSESSMENT. Altisource will perform high level interior and exterior reviews of the property to assess the general condition and identify potential costs and risk factors that would preclude the property from being selected as a Rental Property. Altisource will complete at least 90% of all orders placed within a calendar month for Initial Screening Assessments within three (3) Business Days. If the property passes the Initial Screening Assessment, the inspector may proceed with the Renovation Estimate Assessment.