Subject Property

Definition of "Subject property"

In appraisal jargon, property currently being appraised.

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Related Real Estate Glossary terms

Economic Life

Expected period that property will provide benefits. It is typically less than physical life of the ...

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Individual other than the insured or insurer who has incurred a loss or is entitled to receive a ben ...

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Assets from a will transfer into an established life insurance trust. Through this mechanism, assets ...

Wraparound Mortgage (trust Deed)

Also called all inclusive trust deed (AITD). A mortgage (trust deed) that encompasses existing mortg ...

Appraisal Approach

Three basic methods for setting values on property: (1) The cost approach estimates the replacement ...

No-Cost Mortgage

A mortgage on which all settlement costs except per diem interest and escrows are paid by the len ...

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