Written appraisal definition
Written appraisal means a written statement used in
Written appraisal means a written statement used in connection with a real estate-related financial transaction that is independently and impartially prepared by a licensed or certified appraiser setting forth an opinion of defined value of an adequately described property as of a specific date, supported by presentation and analysis of relevant market information.
Written appraisal means the conclusions of an appraiser’s valuation analysis communicated to the client in writing.
Examples of Written appraisal in a sentence
Written appraisal reports prepared by appraisers satisfactory to the Administrative Agent, reflecting asset values adequate to support the Loans.
Written appraisal will include, as applicable, a statement of areas of strength and areas needing improvement, a statement of improvement desired, specific recommendations of how to attain such improvement, a time line and plan for improved performance, and what consequences, if any, may occur if improvements are not achieved.
At employee’s a Written appraisal shall be completed and discussed, with the employee within thirty (30) days.
Written appraisal will include, as applicable, a statement of areas of strength and areas needing improvement.
More Definitions of Written appraisal
Written appraisal means a written appraisal prepared in conformity with the Uniform Standards of Professional Appraisal Practice as set forth by the Appraisal Standards Board by an independent third party appraiser that is nationally recognized in appraising assets similar to the System and that is acceptable to the City and the Concessionaire; provided that if the Parties can not agree upon such a single appraiser within 30 days after a Party requests the appointment thereof, then the City and the Concessionaire shall each appoint an independent third party appraiser and both such appraisers shall be instructed jointly to select a third independent third party appraiser to make the Written Appraisal.
Written appraisal means the arithmetic average of three written appraisals, each prepared by a disinterested third party appraiser that is nationally recognized in appraising assets and operations similar to the System. Each appraiser shall be sworn to determine the fair market value of the Concessionaire Interest by establishing the amount that the Concessionaire Interest would be sold in a voluntary transaction between a willing buyer and willing seller under no obligation to buy or sell.