Appraisal Report definition

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 Report means any communication, written or oral, of an appraisal.
Appraisal Report means any communication of an appraisal.

Examples of Appraisal Report in a sentence

  • Appraisal report is submitted to the Competent Authority within 90 days for approval when all essential documents are submitted by the borrower.


More Definitions of Appraisal Report

Appraisal Report means any communication, written or oral, of
Appraisal Report means any communication, written or
Appraisal Report means a written communication of a real estate appraisal or appraisal review, or an oral communication of a real estate appraisal or appraisal review, that is documented by a writing that supports the oral communication.
Appraisal Report means an appraisal in form and substance reasonably satisfactory to the Administrative Agent and prepared by the Appraisers or the Real Estate Appraiser, as applicable, which certifies, at the time of determination, the Appraised Value of the applicable Appraised Collateral.
Appraisal Report means a written appraisal by an
Appraisal Report means any appraisal report reasonably satisfactory to the Administrative Agent and prepared by independent consultants selected by the Administrative Agent and reasonably satisfactory to the Borrower.
Appraisal Report means any communication, written or oral, of an appraisal. The testimony of an individual dealing with the analyses, conclusions, or opinions concerning identified real estate or real property may be considered to be an oral appraisal report.