Current Appraised Value definition

Current Appraised Value. With respect to any Mortgaged Property, the value thereof as determined by an appraisal made for the Company (by an appraiser who met the requirements of the Company and Xxxxxx Mae) at the request of a Mortgagor for the purpose of canceling a Primary Mortgage Insurance Policy in accordance with federal, state and local laws and regulations or otherwise made at the request of the Company or Mortgagor.
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Current Appraised Value means the value of State-owned real property as assessed by a professional real estate appraiser within twelve (12) months of the intended disposition of the real property.
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Current Appraised Value means the value of a Low-income Rental Housing Project determined in accordance with Section 7.
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Examples of Current Appraised Value in a sentence

  • The ratio of the Stated Principal Balance of a Mortgage Loan to the Current Appraised Value of the Mortgaged Property.

  • MaineHousing has a right of first refusal to purchase the project at its Current Appraised Value.

  • This rule does the following: (1) outlines the requirements for the Notices to the Tenants and to MaineHousing, (2) sets forth a process for determining the Current Appraised Value of the Low-income Rental Housing Project, and (3) establishes the terms of relocation assistance that must be provided if the owner opts to provide relocation assistance rather than allow Tenants to stay in their units at the same rent for 6 months following the loss of rental assistance or affordability restrictions.

  • The extension runs until 90 days after the Current Appraised Value is finally determined as outlined below.

  • The following calculation should be used by the ARB: (corrected Value x 1/3 or 33.33% + (corrected value) = Threshold for Current Appraised Value).

  • If the difference between the two appraisals is within 10% of the lower of the two appraisals, the Current Appraised Value will be the average of the two appraisals.

  • Values contributed by the Land and the Improvements shall be indicated by separate figures (the "Current Appraised Value of the Land" and the "Current Appraised Value of the Improvements").

  • In the event that the Current Appraised Value of the Improvements, as defined in Section 10.9 above, is less than Land Lessee's Purchase Price as set forth in Section 10.7 above, the Actual Purchase Option Price shall be the Current Appraised Value of the Improvements at the time of any notice given by Land Lessee in accordance with Section l0.4 above.

  • If the third appraisal falls between the previous two appraisals, the Current Appraised Value will be the value established by the third appraisal.

  • MaineHousing has a right of first refusal to purchase the Low- income Rental Housing Project at its Current Appraised Value throughout the 90-day period.


More Definitions of Current Appraised Value

Current Appraised Value. With respect to any Mortgaged Property, the value thereof as determined by an appraisal made for the Company (by an appraiser who met the requirements of the Company and Fannie Mae) at the request of a Mortgagor for the purpose of canceling x Xxxmxxx Mortgage Insurance Policy in accordance with federal, state and local laws and regulations or otherwise made at the request of the Company or Mortgagor.
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Current Appraised Value means, at any time, an amount expressed in U.S. Dollars equal to:
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Current Appraised Value means the appraised value for the year for which a calculation is being made under this section.
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Current Appraised Value means the appraised value of a Reimbursable Improvement at the time Lessee is reimbursed.
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Related to Current Appraised Value

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Assessed value means 1 of the following:

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows: