Appraiser. An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.
Appraiser shall have the meaning assigned to such term in the Servicing Agreement.
Appraiser means an independent appraiser, selected by the Servicer, as applicable, that is a member in good standing of the Appraisal Institute and that is certified or licensed in the state in which the Mortgaged Property is located, and who has a minimum of five (5) years’ experience in the appraisal of comparable properties in the geographic area in which such Mortgaged Property is located.
Examples of Appraiser in a sentence
The Contractor shall notify the OASIS SB CO, in writing, if there are any changes in the status of their CMMI Level and provide the reasons for the change and copies of appraisals from a CMMI Instituted Certified Lead Appraiser, as applicable.
More Definitions of Appraiser
Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing.
Appraiser means a Person engaged in the business of appraising property or otherwise qualified to pass upon the Fair Value or fair market value of property.
Appraiser means a firm of internationally recognized, independent aircraft appraisers.
Appraiser means an individual licensed under article 26 of the occupational code, 1980 PA 299, MCL 339.2601 to 339.2637.
Appraiser means Deloitte & Touche LLP Valuation Group.
Appraiser means the Person who prepared the Appraisal.
Appraiser means a nationally recognized MAI appraiser selected by Borrower and reasonably approved by Lender.