Definition of "Reuse appraisal"

Gabriella D

Written by

Gabriella D'alessioelite badge icon

RE/MAX Signature Homes

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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Part of something such as the units making up a heating or air conditioning system in a building. ...

Six-mile-wide column of land running north-south in rectangular survey system ...

Economic or physical life of a fixed asset. The property is depreciated over the period benefited. ...

Title that can be made null and void or defeated upon the satisfaction of a claim or the completion of some future contingency. ...

Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...

Real estate held for productive use or investment. Land is recorded at the acquisition price plus incidental costs including real estate commissions attorney's fees, escrow fees, title, ...

Work required as a court judgment because of a crime committed. ...

Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...

An organized group of ethical behavior guidelines governing the day-to-day activities of a profession or organization. ...

Popular Real Estate Questions