Appraisal experience definition

Appraisal experience means appraisal related experience obtained by performing fee and staff appraisals, ad valorem tax appraisals, condemnation appraisals, appraisal reviews, appraisal analyses, real estate consulting, highest and best use analyses, feasibility analyses or studies, and by teaching appraisal courses;
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Appraisal experience means time spent in developing and reporting a real property appraisal. It is not intended to include “drive time” to and from the subject property, nor the time spend driving to inspect comparable sales.Otherwise, time spent discussing the assignment with the client, inspecting the property, market data research, assessor and tax record research, anal- ysis, report writing and time spend in reviewing the report with the trainee’s supervisor are all to be included. In each case, the Board is interested in knowing how many hours the trainee actually spent in appraisal develop- ment and reporting for that specific assignment.
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Appraisal experience means experience obtained by the performance of appraisals, appraisal reviews, appraisal consult- ing assignments, or mass appraisals in accordance with the Uni- form Standards of Professional Appraisal Practice in effect at the time the experience is obtained.
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Examples of Appraisal experience in a sentence

  • Ms Appraiser Intern appraisal tasks hours cannot be included as Appraisal experience hours for a certified license.

  • Appraisal experience shall be of the type for which the applicant is seeking a license or certification.

  • The evidence revealed that the supplier had earlier communicated with the Applicant by e-mail dated 25th October 2011.

  • Appraisal experience may also be allowed for experience the applicant obtained while providing significant professional assistance, as determined by the commission, to a certified appraiser in the preparation of real estate appraisals, technical review appraisals or consulting assignments, where the applicant is not the primary appraiser.

  • Appraisal experience acceptable toward licensing or certification must have been gained under the supervision of an appraiser who is certified at a level equal to or greater than the license or certificate the applicant is seeking.

  • Demonstrates proficiency in appraisal principles, methodology, procedures, and reporting conclusions.(c) Appraisal experience may include, but shall not be limited to, the following types of appraisal activities:(1) Real property appraisals;(2) Real property appraisal review; and(3) Appraisal consulting assignments as defined by USPAP.

  • Appraisal experience acceptable toward licensing or certification can be from any state but must have been gained under the supervision of an appraiser who is certified at a level equal to or greater than the license or certificate the applicant is seeking.

  • Appraisal experience performed before January 1, 2011 should be converted using the formula of one point equals 8.33 hours.

  • Appraisal experience should include serving as expert witness at property condemnation proceedings.

  • For objective reasons (for example, quarantine, martial law, illness, internship abroad), training can take place online with the agreement of the course leader.

Related to Appraisal experience

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Clinical experience means providing direct services to individuals with mental illness or the provision of direct geriatric services or special education services. Experience may include supervised internships, practicums, and field experience.

  • Appraisal review means the act or process of developing

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Appraisal Well means a Well drilled pursuant to an Appraisal Programme.

  • Appraisal Foundation means the Appraisal Foundation established on November 30, 1987, as a not-for-profit corporation under the laws of Illinois.

  • Appraisal Procedure means a procedure whereby two independent appraisers, one chosen by the Company and one by the Investor, shall mutually agree upon the Fair Market Value. Each party shall deliver a notice to the other appointing its appraiser within 10 days after the Appraisal Procedure is invoked. If within 30 days after appointment of the two appraisers they are unable to agree upon the Fair Market Value, a third independent appraiser shall be chosen within 10 days thereafter by the mutual consent of such first two appraisers. The decision of the third appraiser so appointed and chosen shall be given within 30 days after the selection of such third appraiser. If three appraisers shall be appointed and the determination of one appraiser is disparate from the middle determination by more than twice the amount by which the other determination is disparate from the middle determination, then the determination of such appraiser shall be excluded, the remaining two determinations shall be averaged and such average shall be binding and conclusive upon the Company and the Investor; otherwise, the average of all three determinations shall be binding upon the Company and the Investor. The costs of conducting any Appraisal Procedure shall be borne by the Company.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Appraisal Percentage means 90%.

  • Work experience means an activity in the unpaid employment component in which the participant works without pay at a job site to develop good work habits and basic vocational skills that enhance the likelihood the participant will become employed. "Work experience" is available through private for-profit businesses, nonprofit organizations, or public agencies.¶

  • Appraisal District means the Xxxxxx County Appraisal District.

  • Expert is defined in Section 7.9 of this Agreement.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Appraiser An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and market.

  • Appraiser panel means a network, list or roster of licensed or certified ap- praisers approved by an AMC to per- form appraisals as independent con- tractors for the AMC. Appraisers on an AMC’s ‘‘appraiser panel’’ under this part include both appraisers accepted by the AMC for consideration for fu- ture appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions and appraisers en- gaged by the AMC to perform one or more appraisals in covered trans- actions or for secondary mortgage mar- ket participants in connection with covered transactions. An appraiser is an independent contractor for purposes of this subpart if the appraiser is treat- ed as an independent contractor by the AMC for purposes of Federal income taxation.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;