Property Valuation definition

Property Valuation means, in relation to any Property:

Property Valuation means the determination of the value of immovable property;

Property Valuation means the determination of the value of property in accordance with prescribed standards;

Examples of Property Valuation in a sentence

• The cost tables will be Xxxxxxxx & Swift cost tables provided by MicroSolve under the State of Vermont contract with Property Valuation and Review (PVR).

• Effective December 1 of each year, the Employer shall pay one thousand dollars ($1,000), less deductions required by law, to those employees who are in the Property Valuation Specialist position and are in good standing and in possession of one or more of the five (5) certificates mentioned above.

• Google Maps, MapQuest maps or another similar program; Farm Service Agency (FSA) maps; Property Valuation Administrator (PVA) maps; or Soil Conservation maps with legible handwritten information will usually suffice if they are in color.

• APPROVED BY: County, Kansas BOARD OF COUNTY COMMISSIONERS By: Witness Chairman By: Commissioner By: Commissioner APPROVED BY: By: Title: The Kansas Department of Revenue, Division of Property Valuation, acting in its capacity of supervising and implementing the provisions of K.S.A. 79-1476, does hereby approve the attached contract as to form and content.

• Subject Property Numeric – Integer 6 9 If updated value was obtained subsequent to loan approval See Coding See Appendix F 132 Most Recent Property Valuation Date Specifies the date on which the updated property value was reported.

More Definitions of Property Valuation

Property Valuation means the fair market value of a Property determined by a broker’s price opinion, an appraisal ordered by any Lender or the Collateral Agent or a contract for the sale of such Property, all as provided in Section 2.4(j).

Property Valuation. With respect to any Property, as of any date of determination, the most recent of the following (a) if the Property Value of such Property is less than $250,000 on such date of determination, a BPO or Property Value Opinion for such Property and (b) if the Property Value of such Property is $250,000 or more on such date of determination, a Property Value Opinion for such Property; provided however, that with respect to the initial Advance relating to any Property with a Property Value of $250,000 or more and thereto, the Property Valuation shall be a Property Value Opinion, regardless of whether there is a more recent BPO.

Property Valuation has the meaning ascribed thereto in Section 13.1.1.

Property Valuation means a valuation of the Mortgaged Property carried out by a valuer appointed by Burdale on the basis of estimated restricted realisation value as defined in the then current Statements of Asset Valuation and Practice and Guidance Notes issued by the Royal Institution of Chartered Surveyors.

Property Valuation means, in relation to any Property the amount determined as such Property’s market value (which means, in accordance with point (76) of article 4(1) of the CRR, the estimated amount for which the Property should exchange on the date of valuation between a willing buyer and a willing seller in an arm's-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without compulsion), in accordance with the most recent independent valuation of such Property, at the time or after the relevant Mortgage Credit was originated, in accordance with the Covered Bonds Law and article 208 of the CRR, provided that, in accordance with the foregoing, the Issuer may use statistical methods to monitor the value of the Property and identify if it needs revaluation.

Property Valuation. Each Mortgage File contains a written appraisal prepared by an appraiser licensed or certified by the applicable governmental body in which the mortgaged property is located and in accordance with the requirements of Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated. The appraisal was written, in form and substance, to (i) customary Xxxxxx Xxx or Xxxxxxx Mac standards for mortgage loans of the same type as such Mortgage Loans and (ii) the Uniform Standards of Professional Appraisal Practice, as amended (USPAP) standards, and satisfies applicable legal and regulatory requirements. The appraisal was made and signed prior to the final approval of the Mortgage Loan. The person performing any property valuation (including an appraiser) received no benefit from, and such person's compensation or flow of business from the originator was not affected by, the approval or disapproval of the Mortgage Loan. The selection of the person performing the property valuation was made independently of the broker (where applicable) and the originator's loan sales and loan production personnel. The selection of the appraiser met the criteria of Xxxxxx Mae and Xxxxxxx Mac for selecting an independent appraiser.

Property Valuation means a report in the Agreed Form prepared by valuers appointed by the Bank relating to the value of the Property, addressed, inter alia, to the Bank;