Reuse Appraisal
Definition of "Reuse appraisal"
Appraisal performed in accordance with the National Housing Act to determine the resale value of vacant or improved property in an urban area to be or under development. The renewal project may have certain restrictions and specifications placed upon it such as square footage, use of land, and density.
Popular Real Estate Terms
A type of equity participation loan where, in exchange for charging a below-market interest rate, the lender receives a predetermined percentage of a any increase in value of the property ...
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Expenditures incurred building a structure, including material and labor. ...
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cash value or other consideration that can be received in a forced sale of real estate, such as that occurring in a foreclosure or when a company is going out of business. The liquidation ...
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A criminal act of falsely representing another individual to gain profit or gain an advantage. ...
income statement destroyed by a casualty such as a fire. This requires the reconstruction of the income statement based on source records, information, and documents. Income statement ...
An improvement to property that is below the standard, usual expectation. An example is when a contractor's work on a house is below the quality that the homeowner reasonably expected for ...
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