Review Appraisal definition

Review Appraisal. A review whereby a licensed appraiser reviews available information with respect to the related Mortgaged Property including, without limitation, exterior only pictures and multiple listing service data to assign a value with respect to such Mortgaged Property.
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Review Appraisal means the report and opinion of value stated therein, or the letter opinion of value, to which these Assumptions and Limiting Conditions are annexed.
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Review Appraisal and “Review Appraiser”… 14
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Examples of Review Appraisal in a sentence

  • Section 1452.130 Appraisal Review; Quality Control Review Appraisal reviewers must hold an appropriate Illinois appraisal license in order to develop and communicate any review that is not limited to a quality control review.

  • The Review Appraisal Report / Appraisal Problem Analysis Report will conform to statutory and judicial determinations regarding non-compensable items as set forth and discussed in "The INDOT Appraisal Manual" (.pdf file format is available on the INDOT website) and/or conferences between the parties.

  • However, depending on parcel complexity and other considerations, the State reserves the right to require an assignment for a Review Appraisal Certification Report to be based on years ofknowledge and experience.

  • The Vendor may also provide other individuals to perform the Review Appraisal Certification Reports required per this contract with less than 5 years of knowledge and experience in appraising parcels of land needed for a highway project under threat of eminent domain.

  • Yes NoThe Vendor shall provide at least 2 individuals to perform the Review Appraisal Certification Reports required per this contract with at least 5 years of knowledge and experience in negotiating parcels of land needed for a highway project under threat of eminent domain on State projects and Local Public Agency projects, utilizing federal funding.

  • Agreement number 1830 will be primarily for Fee Appraisal Services and Agreement number 1831 will be primarily for Fee Review Appraisal Services.

  • If the estimate of property value is above $10,000 the Grantee must have an Appraisal and a Review Appraisal completed by individuals properly licensed by the Indiana Professional Licensing Agency.

  • For properties over $10,000 in value, the Review Appraisal is the basis of the offer.

  • If an owner requests an Appraisal on property that the Grantee has determined to be less than $10,000 in value, an Appraisal and Review Appraisal must be obtained.

  • All information contained in the Review Appraisal report and all parts thereof are to be treated as a privileged communication.


More Definitions of Review Appraisal

Review Appraisal and “Review Appraiser” Review Appraisal and Review Appraiser shall mean, respectively, an Appraisal which is performed and prepared by an Appraiser to confirm the work product, opinions and conclusions of another Appraiser, and the Appraiser performing such Review Appraisal.
Sample 1
Review Appraisal means a review of the Origination Appraisal and an opinion of the market value of the Property as of the date of the Origination Appraisal, prepared on our behalf by a state certified or licensed appraiser in compliance with Uniform Standards of Professional Appraisal (USPAP) and industry standard appraisal practices with respect to appraisal review reports. All terms and conditions of the Master Policy not modified by this Delegated Underwriting Endorsement remain in full force and effect for all Loans insured under the Master Policy.Walnut Creek, CA 94597PREFERRED PROGRAM DELEGATED UNDERWRITING ENDORSEMENT PREFERRED PROGRAM DELEGATED UNDERWRITING ENDORSEMENT TOARCH MORTGAGE GUARANTY MASTER POLICY FORM AMGC 3600.00 (01/15) The following is added as a new Section 1A to the Arch Mortgage Guaranty Master Policy1A. DELEGATED UNDERWRITING OF MORTGAGE INSURANCE 1A.01 Delegation of Underwriting Authority Upon your request, and at our sole discretion, we may delegate to you our authority to underwrite mortgage insurance on Loans pursuant to the Approved Underwriting Guidelines and subject to the Delegated Program Manual. Our delegation to you shall be in Writing.. 1A.02 Data Transmission To insure a Delegated Loan, you must transmit to us data regarding the Loan within forty-five(45) days after the Loan Closing Date, or such other period as we approve, and in a form and format prescribed in the Delegated Program Manual. Within five (5) Business Days of receipt of your transmittal, we shall send you a Commitment. Payment of the Premium specified in the Commitment is a condition precedent to a Commitment being converted to a Certificate. If the Commitment includes conditions, you must satisfy them before the Commitment becomes a Certificate. The Certificate, when issued, will indicate that the Loan is a Delegated Loan. 1A.03 Withdrawal of Delegation We may withdraw or limit our delegation to you under this Section 1A at any time with or without cause.
Sample 1
Review Appraisal means a review of the Origination Appraisal and an opinion of the market value of the Property as of the date of the Origination Appraisal, prepared on behalf of the Company by a state certified or licensed appraiser in compliance with Uniform Standards of Professional Appraisal (USPAP) and industry standard appraisal practices with respect to appraisal review reports.
Sample 1

Related to Review Appraisal

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Inventory Appraisal means (a) on the Closing Date, the appraisal prepared by Great American Group dated January 22, 2008 and (b) thereafter, the most recent inventory appraisal conducted by an independent appraiser firm pursuant to Section 9.2(b).

  • Appraisal review means the act or process of developing

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Appraisal shall have the meaning assigned to such term in the Servicing Agreement.

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Approved Appraiser means any of the following: Xxxxx Xxxxxxxx Xxxxxx, Xxxxx, H Xxxxxxxx & Co. Ltd., London, X.X. Xxxxxx Shipbrokers, Norway, or Fearnley AS, Norway.

  • Independent Engineer means XxXxxxxx and XxxXxxxxxxx or any other third party engineering firm acceptable to the Administrative Agent in its sole discretion.

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as:

  • Home inspection report means a written report that is

  • FIRREA The Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

  • Approved Third-Party Appraiser means each of (a) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Inc., (b) Lincoln International LLC (formerly known as Lincoln Partners LLC), (c) Duff & Xxxxxx Corporation, (d) Valuation Research Corporation, and (e) any other third party appraiser selected by the Borrower in its reasonable discretion.

  • Qualified Appraiser An appraiser, duly appointed by the Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.