Accredited Appraiser definition
Accredited Appraiser means an appraiser selected by the Agent and reasonably acceptable to the Required Lenders.
Accredited Appraiser means a person who has suc- cessfully completed and fulfilled all requirements imposed by the department for accreditation and who has a currently valid accreditation certificate.
Accredited Appraiser means an appraiser selected by the Agent and reasonably acceptable to the Required Lenders. “Additional Borrower” has the meaning set forth in S ection 6.07(b).
Examples of Accredited Appraiser in a sentence
The appraisal is signed by an appraiser who (i) is a member in good standing with the Appraisal Institute Canada holding an Accredited Appraiser Canadian Institute (“AACI”) designation and an Appraisal Institute (“MAI”) designation, and (ii), to Seller’s Actual Knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Purchased Loan.