Appraiser

Definition of "Appraiser"

Individual having the necessary certification, education and experience to professionally evaluate real estate market value.

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Related Real Estate Glossary terms

Pro Rata Liability Clause

Provision in many property insurance policies that spreads the obligation to pay a claim among vario ...

Grantor-retained Income Trust (grit)

Irrevocable trust into which the grantor places assets and retains the income from or the use of the ...

Sue And Labor Clause

Section of ocean marine policy making it an obligation of the insured to take specific measures to l ...

Mortality Savings

Difference between the actual mortality experience and the expected mortality experience. In statist ...

Assumption Clause

Provision in a mortgage permitting the owner of property to transfer the mortgage to a buyer. ...

Bumper Strips

Timber wood situated on the exteriors of a loading deck to safeguard it from damage resulting when t ...

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