Appraisal Standards definition

Appraisal Standards. With respect to any Series, the updated appraisal/reappraisal standards at the time of the related Issue Supplement acceptable to Farmer Mac.

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Appraisal Standards. The appraisal standards established by ▇▇▇▇▇▇ Mac and set forth in the Securities Guide.

Appraisal Standards. The appraisal standards established by ▇▇▇▇▇▇ Mac and set forth in the Seller/Servicer Guide.

Examples of Appraisal Standards in a sentence

Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation.
Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation and has certified that such appraiser had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and its compensation is not affected by the approval or disapproval of the Mortgage Loan.
Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation and has certified that such appraiser had no interest, direct or indirect, in the Mortgaged Property or the Borrower or in any loan made on the security thereof, and its compensation is not affected by the approval or disapproval of the Mortgage Loan.
An appraisal of the related Mortgaged Property was conducted in connection with the origination of such Mortgage Loan; and such appraisal satisfied either (A) the requirements of the "Uniform Standards of Professional Appraisal Practice" as adopted by the Appraisal Standards Board of the Appraisal Foundation, or (B) the guidelines in Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, in either case as in effect on the date such Mortgage Loan was originated.
The Project Manager named in the Agreement will receive a separate mailing pertaining to our program requirements detailed on our website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/GSCdefault.html including the Request to Proceed, Appraisal Standards and list of prequalified appraisers, contractual requirements for bid documents, and reporting of in-kind or force account contributions.
The Project Manager named in the Agreement will receive a separate mailing pertaining to our program requirements detailed on our web site at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/GSCdefault.html including the Request to Proceed, Appraisal Standards and list of prequalified appraisers, contractual requirements for bid documents, and reporting of in-kind or force account contributions.
Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation and has certified that such appraiser had no interest, direct or indirect, in the Mortgaged Property or the borrower or in any loan made on the security thereof, and its compensation is not affected by the approval or disapproval of the Purchased Asset.
An appraisal prepared by a member of a national appraisal organization that has adopted the Uniform Standards of Professional Appraisal Practice (USPAP) established by the Appraisal Standards Board of the Appraisal Foundation.
Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation and has certified that such appraiser had no interest, direct or indirect, in the Mortgaged Property or the borrower or in any loan made on the security thereof, and its compensation is not affected by the approval or disapproval of the Mortgage Loan.
The Project Manager named in the Agreement will receive a separate mailing pertaining to our program requirements detailed on our website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇.▇▇▇/Project-Administration/Clean-Ohio including the Request to Proceed, Appraisal Standards and list of prequalified appraisers, contractual requirements for bid documents, and reporting of in-kind or force account contributions.

More Definitions of Appraisal Standards

Appraisal Standards means any service levels that Solidifi publishes to User, and to which User agrees, pertaining to User’s performance in the conduct, quality, and timing of producing an appraisal including compliance with industry and Purchaser standards.

Appraisal Standards means an appraisal by an MAI qualified appraiser reasonably satisfactory to the Lender with at least five years experience in evaluating commercial real estate properties comparable to the applicable Approved Project and incorporating usual and customary standards and provisions for an appraisal of a commercial real estate property including calculations of appraised value based on replacement cost, comparable sales and income methods.

Appraisal Standards means the standards utilized in connection with the preparation of FIRREA appraisals. Notwithstanding the foregoing, such appraisal standards shall contemplate the orderly disposition and marketing of the Mortgaged Property in a transaction that maximizes disposition proceeds to the seller between a willing purchaser and a willing seller on the basis of an arms-length transaction and shall assume the highest and best use of the Land and any improvements thereon.