Real estate appraisal definition

Real estate appraisal or "appraisal" means the act or process of developing an opinion of value of real property in conformity with the uniform standards of professional appraisal practice.

Real estate appraisal or "appraisal" means an analysis, the act or process of developing an opinion, or conclusion relating to the nature, quality, value, or utility of specified interests in, or aspects of identified real estate that is classified as either a valuation or an analysis of value of real property in conformity with the uniform standards of professional appraisal practice.

Real estate appraisal means (a) on the Closing Date and until the first appraisal of Real Estate of each Borrower and Foamex Canada is delivered to the Administrative Agent pursuant to Section 5.2(p), the appraisals prepared by CB Xxxxxxx Xxxxx dated prior to the Closing Date and (b) thereafter, each Real Estate Appraisal delivered to the Administrative Agent pursuant to Section 5.2(p).

Examples of Real estate appraisal in a sentence

• Real estate appraisal schools and businesses that use real estate appraisers will be affected, but appraisers are required by federal law to operate under the most current version of USPAP.

• Real estate appraisal activity" means the act or process of making an appraisal of real property and communicating a report.[PL 1999, c.

• Real estate appraisal agencies shall be selected by the persons whose houses are to be demolished through consultation.

• Exemption Real estate appraisal activity does not include: [PL 1999, c.

• Real estate appraisal involves selective research into appropriate market areas; the assemblage of pertinent data; the use of appropriate analytical techniques; and the application of knowledge, experience, and professional judgment to develop an appropriate solution to an appraisal problem.2 abstract Successful negligence claims typically result from a failure to employ appropriate valuation methods, follow recog- nized appraisal procedures, or disclose hypothetical conditions.

More Definitions of Real estate appraisal

Real estate appraisal means that certain Appraisal of Real Property dated as of April 21, 2009 and prepared by Xxxxxxx & Xxxxxxxxx of Minnesota, Inc., Valuation Services, Capital Markets Group, for the real property located at 0 Xxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxxx.

Real estate appraisal means an appraisal of the Credit Parties’ real estate performed by an appraiser selected by the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent.

Real estate appraisal means (noun) the act or process of developing an opinion of value; an opinion of value; (adjective) of or pertaining to appraising and related functions such as appraisal practice or appraisal services.

Real estate appraisal means an unbiased estimate of the nature, quality, value, or utility of an interest in, or aspect of, identified real estate and related personalty;

Real estate appraisal means the most recent appraisal of the Eligible Real Estate of the Borrowers specifying the Distressed Value of such Eligible Real Estate and performed by an independent appraiser acceptable to the Agent. The initial Real Estate Appraisals shall mean the appraisals of the Eligible Real Estate dated as of August 29, 2008 and performed by Xxxxxxx & Xxxxxxxxx of Illinois, Inc.

Real estate appraisal or "appraisal" means the act or process of developing an opinion of value

Real estate appraisal means an appraisal of the Credit Parties' real estate performed by an appraiser selected by the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent.