Appraised Property Value definition

Appraised Property Value means with respect to an interest in real property, the then current fair market value of the real property and any improvements on it as of recent date determined in accordance with Title XI of FIRREA by a qualified appraiser who is a member of the American Institute of Real Estate Appraisers or other group of professional appraisers.
View Source
Appraised Property Value means with respect to an interest in real property, the then current fair market value of the real property and any improvements on it as of a recent date determined in accordance with Title XI of FIRREA by a qualified appraiser who is a member of the American Institute of Real Estate Appraisers or other group of professional appraisers. "Approved Custodian" means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans. "Audited Statement Date" means the date of (i) with respect to Borrower, Borrower's most recent audited financial statements (and, if applicable, Borrower's Subsidiaries, on a consolidated basis), and (ii) with respect to Guarantor, Guarantor's most recent audited financial statements (and if applicable, Guarantor's Subsidiaries, on a consolidated basis), each as delivered to Lender under the Existing Agreement or this Agreement. "Borrower" has the meaning set forth in the first paragraph of this Agreement. "BPO Value" means, with respect to the real property and improvements securing any Mortgage Loan, the lowest fair market value for such real property and ownership interest and occupancy rights as set forth in an opinion of a real estate broker acceptable to the Lender, in its sole discretion, as to the value of such improved real property if sold within a 60-day marketing period. Each such broker price opinion shall be obtained from a real estate broker with substantial experience in the purchase and sale of similar properties in the geographic area in which the real property or ownership interest and occupancy rights to be valued is located and should be as of a date not more than 30 days prior to the date of the related Warehousing Advance. "Business Day" means any day other than Saturday, Sunday or any other day on which national banking associations are closed for business. "Buydown" has the meaning set forth in Section 3.4. "Calendar Quarter" means the 3 month period beginning on each January 1, April 1, July 1 or
View Source
Appraised Property Value means with respect to an interest in real property, the then current fair market value of the real property and any improvements on it as of a recent date determined in accordance with Title XI of FIRREA by a qualified appraiser who is a member of the American Institute of Real Estate Appraisers or other group of professional appraisers. "Approved Custodian" means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans. "Audited Statement Date" means the date of Borrower's most recent audited financial statements (and, if applicable, Borrower's Subsidiaries, on a consolidated basis) delivered to Lender under
View Source

Examples of Appraised Property Value in a sentence

  • Subject Property Numeric – Decimal 450000.23 9(10).99 Purchase Loans Only > 0 125 Original Appraised Property Value The appraised value of the property used to approve the loan.

  • The discrepancy between the NAV and the Appraised Property Value is primarily due to the fact that deferred tax liabilities of approximately RMB4,766,000 has been recognised in respect of the Property and other payables have been recorded in the accounts of the Target Company.

  • Total share percentage (i.e., sum of share percentages of Federal and non-Federal Share of the Appraised Property Value or estimated improvement cost).

  • RMB/USD 6.6480 6.4937 –2.3% Appraised Property Value (US$ million) 1,354.54 1,283.55 +5.5% Appraised Property Value (RMB million) 9,005.00 8,335.00 +8.0% 1 Source: ▇▇▇▇▇ Lang LaSalle Research, June 2016 8 Spring Real Estate Investment Trust Interim Report 2016 Leasing Performance For the six months ended 30 June 2016, average occupancy rate of the Property remained high at 96% (2015: 95%).

  • Total share percentage (i.e., sum of share percentages of Federal and non-Federal Share of the Appraised Property Value).

Related to Appraised Property Value

  • Property Value means the fair market value of the real property, as remediated, less

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.