Home
E-Mail
Latest

Appraisal at Real Estate Glossary

What is it? An estimate of the monetary value of a property on the open market; an estimate of a propertys type and condition, its utility for a given purpose or its highest and best use. (See cost approach, income approach, index method, market-data approach, quant

Real Estate Definition Added By: Jonathan

The Appraisal definition has been viewed 356 Time(s)!




Send To Friends!

If you'd like to send the Appraisal definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Appraisal. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Dual Agency is An agency relationship in which the agent acts concurrently for both principals in a real estate transaction. (See agency, agent, fiduciary)

Real Estate Term Trustees Deed is A deed executed by a trustee conveying land held in a trust.

Real Estate Term Brokerage is The act of bringing together two or more parties in exchange for a fee or commission.

Real Estate Term Assessment is The imposition of a tax, charge or lein, usually according to established rates.

Real Estate Term Allowances is Budgets offered by builders of new homes for the purchase of carpeting and fixtures.