Common use of RENOVATION ESTIMATE ASSESSMENT Clause in Contracts

RENOVATION ESTIMATE ASSESSMENT. Altisource will complete a Renovation Estimate Assessment of the property to develop a Renovation Estimate. Altisource will complete at least 90% of all orders placed within a calendar month for Renovation Estimate Assessments within three (3) Business Days. The Renovation Estimate will include estimated material requirements as well as the renovation work required to conform the property to Residential’s Customer Finished Property Criteria and the Customer Design Specifications. The Renovation Estimate Assessment must be performed in conjunction with an Initial Screening Assessment. The Renovation Estimate will not be performed if the property fails the Initial Screening Assessment.

Appears in 4 contracts

Samples: Master Services Agreement (Altisource Residential Corp), Master Services Agreement (Altisource Portfolio Solutions S.A.), Master Services Agreement (Altisource Residential Corp)

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