Fully Appraised definition

Fully Appraised means stand data (site specific or borrowed) that has been used by GAS to calculate a stumpage rate or has been included in an appraisal for a BCTS cutting authority;
Fully Appraised means stand data (site specific or borrowed) has been used by the general appraisal system to calculate an indicated stumpage rate or has been included in an appraisal for a BCTS cutting authority including appraisals where the upset rate was set at the variable cost to prepare the timber for sale,
Fully Appraised means stand data (site specific or borrowed) has been used by the general appraisal system to calculate an indicated stumpage rate or an upset stumpage rate, including upset stumpage rates for BCTS set at variable cost to prepare timber for sale,

Related to Fully Appraised

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.