Qualifications of Appraiser a. The contract appraisers must provide evidence of compliance with the certification requirements of the State or States where the properties are located.
b. The contract appraisers must provide documentation of compliance with experience requirements.
c. The contract appraisers must provide documentation of meeting the education requirements
d. Engagement instructions received from the client.
Qualifications of Appraiser. As used herein, a “Qualified Appraiser” shall be an appraiser who satisfies the following minimum requirements:
(i) holds a general certified license (in good standing with no record of prior discipline) in Nevada or a reciprocal license from Nevada and licensed in another State;
(ii) is a member (in good standing with no record of prior discipline) of the Appraisal Institute (MAI) (or similar designation reflecting the highest level of qualification then provided by the Appraisal Institute or a succeeding professional organization at the time the appraisal is required) in effect for at least ten (10) years;
(iii) holds additional membership in another professional organization such as the Counselors of Real Estate (CRE) or a Certified Commercial Investment Manager (CCIM) or a succeeding professional organization at the time the appraisal is required;
(iv) has consistently worked as an appraiser for at least ten (10) years, with specific experience in the appraisal of major professional sports and entertainment facilities nationwide;
(v) has specific experience over a period of ten (10) years or more with the use of the discounted cash flow software Argus Enterprise, and or Argus Developer, or a succeeding industry standard discounted cash flow analysis software;
(vi) is an individual who is not an Affiliate of the Authority or StadCo and has no equity investment in StadCo or its Affiliates; and
(vii) is an individual who has no conflict of interest as evidenced by being adverse to the other Party or its Affiliates in any other appraisal proceeding, either existing or in the immediately prior thirty-six (36) months, unless a conflict waiver is obtained from such other Party.
Qualifications of Appraiser. Any appraiser to be appointed hereunder shall have no less than five (5) years‟ experience in the appraisal of real property in San Antonio, Texas of the type owned by the Partnership and be a member of the Appraisal Institute.
Qualifications of Appraiser. (s). (a) The Appraiser(s) appointed pursuant to Section 18.1. shall be experienced in the motion picture industry and in evaluating fair market value of motion picture theatre complexes. If either Partner petitions a Judge of the Superior Court of the State of California to appoint a third Appraiser, such petition shall request the Judge to appoint an Appraiser of similar experience.
Qualifications of Appraiser. 25 PAGE 01 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- PROPERTY IDENTIFICATION ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE GENERAL LOCATION OF THE SUBJECT IS IN THE STATE OF OHIO, THE COUNTY OF LICKING AND THE CITY OF HEATH. THE SUBJECT IS ON THE WEST SIDE OF XXXXX PARKWAY AT 1835. THE SUBJECT IS DESCRIBED IN OFFICIAL RECORD VOLUME 861 PAGE 39. A COPY OF THE LEGAL DESCRIPTION IS ONE OF THE EXHIBITS. THE COUNTY AUDITOR'S PARCEL NUMBER IS 00-000000-00. THE SUBJECT IS ON THE COUNTY ENGINEER'S TAX MAP OF HEATH NUMBER 7. A PARTIAL COPY IS ONE OF THE EXHIBITS. SEE SUBJECT PROPERTY PHOTOGRAPHS EXHIBITS. ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- APPRAISAL ENGAGEMENT ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE PURPOSE OF THIS APPRAISAL IS TO ESTIMATE THE MARKET VALUE OF THE SUBJECT. THE USE OF THIS APPRAISAL REPORT IS FOR LENDING PURPOSES. THE SCOPE OF THIS APPRAISAL IS A COMPLETE APPRAISAL ACCORDING TO THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE AS PUBLISHED BY THE APPRAISAL FOUNDATION. THE PROPERTY RIGHTS TO BE APPRAISED ARE FEE SIMPLE. PAGE 02 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THREE YEAR OWNERSHIP HISTORY ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THERE HAS BEEN A CHANGE OF OWNERSHIP OF THE SUBJECT DURING THE PAST THREE YEARS. THE GENERAL WARRANTY DEED RECORDED AT OFFICIAL RECORD VOLUME 861 PAGE 39 INDICATES THAT THE SUBJECT WAS TRANSFERRED FROM QUANTUM CHEMICAL CORPORATION TO FIX-CORP INTERNATIONAL, INC. ON DECEMBER 16, 1996. THE TRANSFER TAX AMOUNT OF $4,200. INDICATES THAT OF THE PURCHASE PRICE FOR REAL ESTATE, FIXTURES AND EQUIPMENT, $2,100,000. WAS ALLOCATED TO THE SUBJECT REAL ESTATE. ------------------------------------------------------------------------------- ------------------------------------------------------------------------------...
Qualifications of Appraiser. Any person selected as an appraiser under this Section 20 shall be a member in good standing of the American Institute of Real Estate Appraisers or successor organizations and shall have had at least five (5) years experience in appraising commercial real estate similar to the Building in the same general location.
Qualifications of Appraiser. Any person selected as an appraiser under this Section 6 shall be a member in good standing of the American Institute of Real Estate Appraisers or successor organizations and shall have had at least five (5) years experience in appraising commercial real estate similar to the Building in the same general location.
Qualifications of Appraiser. Any person selected as an appraiser under this Subparagraph 3.3 shall be a member in good standing of the American Institute of Real Estate Appraisers or successor organizations and shall have had at least five (5) years experience in appraising commercial real estate similar to the Building in the same general location.
Qualifications of Appraiser. Appraiser represents and warrants to City that Appraiser is qualified to make the independent appraisal of the Property contemplated hereunder and that it is familiar with recognized appraisal practices and with the standards required for determining values of real property.
Qualifications of Appraiser. As used herein, a “Qualified Appraiser” shall be an appraiser (i) licensed in the State of Nevada as a “Certified General Appraiser” and holding the MAI designation from the Appraisal Institute (or similar designation reflecting the highest level of qualification then provided by the Appraisal Institute or a succeeding professional organization at the time the appraisal is required), (ii) practicing or working as an appraiser for at least ten (10) years with experience appraising sports and entertainment facilities nationwide, (iii) who is not an Affiliate of the Authority or StadCo and has no equity investment in StadCo or its Affiliates, and
