We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

MAI definition

MAI. Member of the Appraisal Institute.
MAI means Member of the Appraisal Institute.

Examples of MAI in a sentence

  • If Xxxxx receives only a Draft Appraisal prior to entering into a Transaction, Seller shall deliver an Appraisal approved by Buyer by an MAI appraiser on or before ten (10) calendar days after the Purchase Date.

  • The Special Servicer shall use its reasonable efforts to ensure that such second Appraisal is delivered within thirty (30) days from receipt of the Requesting Holders’ written request and shall ensure that such Appraisal is prepared on an “as-is” basis by an MAI appraiser (provided that such MAI appraiser may not be the same MAI appraiser that provided the Appraisal in respect of which the Requesting Holders are requesting the Special Servicer to obtain an additional Appraisal).

  • Either an Appraisal approved by Buyer or a Draft Appraisal, each by an MAI appraiser, if applicable.

  • Each arbitrator will hold the MAI designation (or equivalent) with at least five (5) years commercial, industrial, and /or business park appraisal experience and will be a Washington State Certified Appraiser.


More Definitions of MAI

MAI. A designation signifying that the designee is a member of the Appraisal Institute.
MAI means Market Access Initiative Scheme notified by Department of Commerce.
MAI shall have the meaning assigned to such term in Section 5(j)(i).
MAI means the Borrower’s Ministry of Agriculture and Irrigation or any successor thereof;
MAI means Member of the American Institute of Real Estate Appraisers.
MAI and "SUBSIDIARY OF MAI" shall include any entity which is, in whole or in part, a predecessor of MAI or any of its Subsidiaries.
MAI means Mirant Americas, Inc., a Delaware corporation, one of the Debtors and Debtors-in-Possession in the Chapter 11 Cases.