Appraiser 1 definition
Appraiser 1 has the meaning set forth in Section 13.11(b).
Examples of Appraiser 1 in a sentence
The value arrived at by appraisal shall be determined by Appraiser 1 and Appraiser 2 submitting their separate appraisals to Appraiser 3.
The Appraisal was made and signed, prior to the final approval of the Mortgage Loan application, by a Qualified Appraiser (1) who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof and (2) whose compensation or flow of business is not affected by the approval or disapproval of the Mortgage Loan.