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.
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.
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.
Examples of Review Appraisal in a sentence
With respect to Second Lien Loans, a Review Appraisal approved by Buyer in its sole discretion was conducted and executed prior to the funding of such Second Lien Loan by a qualified appraiser who had no interest, direct or indirect, in the Mortgaged Property or in any loan secured thereby, and whose compensation is not affected by the approval of disapproval of the Second Lien Loan.
More Definitions of Review Appraisal
Review Appraisal and “Review Appraiser”… 14
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.
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.