Appraised Value - Law Dictionary Search Results
Home Dictionary Name: appraised valueappraised value
appraised value an estimation of the current market value of a property. Source: U.S. Department of Housing and Urban Development ...
Appraiser
Appraiser [fr. appreciateurs, Fr.], persons employed to value goods, repairs, labour, etc. by 46 Geo. 3, c. 43, and 8 & 9 Vict. c. 76, they are required to take out an annual license. According to an old statute, 11 Edw. 1, stat. Acton Burnel, appraisers valuing goods too highly were compelled to take them at their own valuation...
loan to value (ltv) ratio
loan to value (ltv) ratio a percentage calculated by dividing the amount borrowed by the price or appraised value of the home to be purchased; the higher the LTV, the less cash a borrower is required to pay as down payment. Source: U.S. Department of Housing and Urban Development ...
appraisal
appraisal : a valuation of property by the estimate of an authorized person: as a : the determination of the fair value of a corporation's stock by a judicial proceeding that a dissenting shareholder is usually entitled by statute to demand in a case of extraordinary corporate action (as a merger) see also dissent b : the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage c : the estimation of the value of damage done to property for the purpose of adjusting an insurance claim ...
Appraisement
Appraisement [fr. apprecier prix, Fr., pretium, Lat.], the act of valuing property, goods, furniture, etc. As to appraisement, if required by tenant or by owner of the goods, before selling under a distress for rent, see DISTRESS. Appraisement of a ship is sometimes ordered by the Admiralty Division of the High Court, see R.S.C. Ord. LI., Part III., and also generally before sale of any property by order of the Court....
appraisal fee
appraisal fee fee charged by an appraiser to estimate the market value of a property. Source: U.S. Department of Housing and Urban Development ...
appraise
appraise ap·praised ap·prais·ing : to estimate the value of : make an appraisal of ap·prais·er n ...
Self appraisal
Self appraisal, the method of performance appraisal is based on the self-appraisal by the officer concerned. It is a method where the employee is asked to give, in his own words, his strong points, weak points and constraints faced by him in the service. The self-appraisal is then considered by the reporting officer who gives his remarks. Finally the higher reviewing authority decides the assessment by weighting both the employee's self-appraisal and the remarks given by the reporting officer, A.P. State Financial Corpn. v. C.M. Ashok Raju, AIR 1995 SC 39 (41): (1994) 5 SCC 359....
appraiser
appraiser a qualified individual who uses his or her experience and knowledge to prepare the appraisal estimate. Source: U.S. Department of Housing and Urban Development ...
appraisal clause
appraisal clause : a provision in an insurance policy for a procedure to be followed in determining the amount of a loss when the insured and the insurer cannot agree ...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial