Cost to Cure definition

Cost to Cure means an appraisal method applied to estimate a proper adjustment for damages to a property that can be physically and economically corrected, as described in further detail in the TxDOT Appraisal and Review Manual.
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Cost to Cure means the [discounted] present value of the remedial work to be performed to remove, contain or treat a hazardous substance on the property being valued. The term includes the cost of continued monitoring of the site after the remedial work has been completed if such monitoring is required.
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Cost to Cure. Damages or diminished value of the remainder may be cured by remedial actions, but such costs cannot exceed the damages which must be arrived at first.
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Examples of Cost to Cure in a sentence

  • Building Value New Year Built Effective Year Built Condition Code Remodel Rating Year Remodeled Depreciation % Functional Obsol External Obsol Trend Factor Special Condition Condition % Percent Good RCNLD Dep % Ovr Dep Ovr Comment Misc Imp Ovr Misc Imp Ovr Comment Cost to Cure Ovr Cost to Cure Ovr Comment 0 0 1.000 0 OB - OUTBUILDING & YARD ITEMS(L) / XF - BUILDING EXTRA FEATURES(B) Code Description L/B Units Unit Price Year Cond.

  • Review Appraiser Responsibilities under the Uniform Act: • Confirmation of Analysis of Highest and Best Use, Damages, and Cost to Cure Damages.

  • Subject to provisions of section 2 and 3 of this Agreement, the total gross compensation to be paid by ADOT to City of Tempe for the Right of Way Parcel, Improvements and Cost to Cure shall be $3,256,875.00.

  • The purchase price shall be $1,182,474.00, for 80,958 square feet (1.858 acres) of land, more or less, plus $802,107.00 for Cost to Cure for Parking and $1,273,294.00 Cost to Cure for Window Replacement.

  • If payments then or thereafter due the Contractor are less than the Cost to Cure, the Contractor shall pay the difference to the Owner.

  • Such action by the Owner and Cost to Cure the Contractor are both subject to prior approval of the Engineer.

Related to Cost to Cure

  • Cure Right shall have the meaning assigned to such term in Section 7.03.

  • Cure Amount has the meaning assigned to such term in Section 7.02(a).

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Company Cure Period has the meaning specified in Section 10.01(b).

  • Availability Notice has the meaning given to it in the Grid Code;

  • Funds From Operations for any period means the consolidated net income attributable to the Issuers and the Restricted Subsidiaries for such period determined in conformity with GAAP after adjustments for unconsolidated partnerships and joint ventures, plus depreciation and amortization of real property (including furniture and equipment) and other real estate assets and excluding (to the extent such amount was deducted in calculating such consolidated net income):

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Non-Defaulting Party has the meaning specified in Section 6(a).

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Cash Settlement Averaging Period means the 20 Trading Day period beginning on the Trading Day following the final Trading Day of the Conversion Retraction Period.

  • Operating Month for a Shipper or Transferor means any calendar month in which Carrier either transports Crude Petroleum or recognizes and records a change in ownership of Crude Petroleum for the account of such Party. For purposes hereof the calendar month shall be deemed to begin at 7:00 a.m. (Central Time) on the first day of such month.