Full Appraisal definition
Full Appraisal means that all three valuation methods must be applied. There are appraisers that specialize in Golf Course appraisals. It is a unique specialty since a NOI - Net Operating Income - of golf course operations would be required.
Full Appraisal means, with respect to any Real Property, a “Full Appraisal Report” commissioned by the Administrative Agent and addressed to the Administrative Agent and the REIT (reasonably acceptable to the Administrative Agent as to form and substance), prepared by a professional appraiser reasonably acceptable to the Administrative Agent, having at least the minimum qualifications required under Applicable Law governing the Administrative Agent and the Lenders, including FIRREA, Asset Valuation Practice and Guidance Notes and any equivalent local regulation or guideline for such appraisals, and determining the “as-is” market value of such Real Property.
Full Appraisal with respect to any Operating Property, a “Full Appraisal Report” prepared in accordance with FIRREA and USPAP, undertaken by an Appraiser, and providing an assessment of the value of such Operating Property.
Examples of Full Appraisal in a sentence
Borrower shall furnish an “as is/as built” Full Appraisal conducted by appraiser to determine the market value of the Borrower’s property.
FNMA 1004 - Uniform Residential Full Appraisal $ [*] Appraisal Report FNMA 2055 Desktop Underwriter Limited Appraisal - Exterior $ [*] Quantitative Analysis Appraisal Only Report Limited Appraisal FNMA 2055 Desktop Underwriter Interior/Exterior $ [*] Quantitative Analysis Appraisal Report Appraisal Fees are for residential properties in all states [*].