Appraisal panel definition

Appraisal panel means a network, list, or roster of licensed or certified
Appraisal panel consisting of the First, Second and Third Appraiser, shall convene within fifteen (15) days after submission of a written appraisal to Landlord and Tenant by the Third Appraiser (which Third Appraisal does not resolve the appraised fair market value question in accordance with this Section 11.3). The purpose of the formation of the Appraisal Panel will be to attempt to reach a decision by two members of the Appraisal Panel on the appraised fair rental value. A decision joined in by any two of the appraisers of the Appraisal Panel shall be the decision of the Appraisal Panel, and shall be binding upon the parties hereto following written notice thereof, which notice shall state the appraised fair rental value of the Premises. If no two members of the Appraisal Panel can concur in a decision of the appraised fair rental value within fifteen (15) days after the submission of the appraisal by the Third Appraiser to the parties, then the parties shall go to a neutral mediator for mediation. If the parties are unable to agree upon a fair rental value through mediation, the matter will be submitted to binding arbitration under the rules of the American Arbitration Association.
Appraisal panel means a group of independent appraisers that have been selected by an appraisal management company to perform appraisal services for the appraisal management company to perform appraisal services for the appraisal management company;

Examples of Appraisal panel in a sentence

  • Language to the affect that the deliberations of the Appraisal panel are confidential and exempt from depositions or suit in case the Award is challenged or a bad faith claim is filed.

  • The appraisal must be ordered through Mortgage Machine and performed by an appraiser who is meets Mid America’s minimum criteria and is available on the Mortgage Machine Appraisal panel.

  • On this basis, the SCR Appraisal panel consider that clawback on outcomes is not recommended.

  • All responses to the consultation on the Emerging Proposals Report and the findings of the Sustainability Appraisal panel were taken into account in producing the Draft Development Briefs.

  • In addition the Authority will seek opinion from the Environmental Appraisal panel where it thinks the organism will have an environmental impact.


More Definitions of Appraisal panel

Appraisal panel means a pool of licensed or certified appraisers who perform appraisals as independent contractors for an appraisal management company.
Appraisal panel has the meaning specified in Section 2.07(b).
Appraisal panel means a pool of licensed or
Appraisal panel means a network, list, or roster of licensed or certified appraisers approved by an appraisal management company to perform appraisals as independent contractors for the appraisal management company. Appraisers on an appraiser panel include both appraisers accepted by the appraisal management company for consideration for future appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions, and appraisers engaged by the appraisal management company to perform one or more appraisals in covered transactions or for secondary mortgage market participants in connection with covered transactions. An appraiser is an independent contractor if the appraiser is treated as an independent contractor by the appraisal management company for purposes of Federal income taxation.
Appraisal panel shall have the meaning set forth in Section 10.08.
Appraisal panel has the meaning specified in Section 16.3.
Appraisal panel means the Appraisal Panel of the Company as constituted under Section 16 (f) of this Articles.