Examples of Third Appraiser in a sentence
The Third Appraiser shall select the appraisal that it believes is the closest to Fair Market Value.
The Third Appraiser shall be engaged on the specific basis of non-liability to the parties for any determination made by him or her, and such engagement shall be with the appropriate and necessary waivers and Agreements so as to confirm such non-liability to his or her satisfaction.
The Third Appraiser shall make such selection within fifteen (15) days after receipt of City’s Appraiser’s and Developer’s Appraiser’s determinations.
If the preceding sentence does not apply, then City’s Appraiser and Developer’s Appraiser shall select a Third Appraiser within fifteen (15) days after the expiration of the FMV Negotiation Period.
If the determinations vary by 10% or more of the value of the higher determination, the two appraisers shall promptly designate a third appraiser (Third Appraiser).