Appraisal
Written statement independently and impartially prepared by a qualified AppraiserAppraiserPerson engaged to estimate a Property’s market value per USPAP. stating an opinion of the Property'sProperty'sMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). market value
- as of a specific date, and
- supported by the presentation and analysis of relevant market information.
Synonyms
Appraisals
Appraisal's