BPO definition

BPO. A broker's price opinion with respect to a Mortgaged Property.
BPO means an opinion of the fair market value of a Mortgaged Property given by a licensed real estate agent or broker which generally includes three comparable sales and three comparable listings.
BPO. A broker's price opinion.

Examples of BPO in a sentence

  • Also includes security framework and compliance, disaster recovery for supported services, help desk support for infrastructure, the office of the CIO, BPO transition charges, midrange, and architecture strategy support.

  • Brokers Opinion of Price (BPO) or appraisal including comparable market analysis and assessment of a property.


More Definitions of BPO

BPO. A broker's price opinion obtained by the Purchaser.
BPO means a broker’s price opinion of the estimated value of any Real Property given by a licensed real estate agent or broker familiar with the real estate market in which the applicable Real Property is located and that is reasonably acceptable to the Administrative Agent in conformity with customary and usual business practices for appraisals.
BPO means an opinion of the fair market value of a Mortgaged Property or an REO Property given by a licensed real estate agent or broker in conformity with customary and usual business practices, which includes comparable sales and comparable listings and complies with the criteria set forth in the Financial Institutions Reform, Recovery and Enforcement Act of 1989 for an “appraisal” or an “evaluation” as applicable.
BPO means "before payout", as such payout may be established under the respective farmout agreements, joint operating agreements, participation interests and similar agreements affecting each Property, including payouts providing reversionary rights of parties who have elected not to participate in an operation under a joint operating agreement. If at the Effective Time there is an outstanding payout balance affecting any particular well or Property, the listed BPO interest in such well or Property shall reflect the Partnership's WI and NRI at the Effective Time.
BPO means Brookfield Office Properties Inc.;
BPO means, with respect to a Loan, a broker’s price opinion prepared by a duly licensed real estate broker who has no interest, direct or indirect, in the Loan or in the Seller or any Affiliate of the Seller and whose compensation is not affected by the results of the broker’s price opinion and which valuation indicates the expected proceeds for a sale of the related Mortgaged Property and, includes certain assumptions, including those as to the condition of the interior of the applicable Mortgaged Property and expected marketing time. Each BPO shall take into account at least three (3) sales of comparable Loans, and at least three (3) listings of comparable Loans.