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Appraisal |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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A valuation or an approximation of value by impartial, properly qualified persons; the process of determining the value of an asset or liability, which entails expert opinion rather than express commercial transactions. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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For appraisals prepared for returns filed before Aug. ``It's a severe problem and one that's been masked by rising values in housing,'' the coalition president, John Taylor, said about property appraisals being pushed too high. The Center For Responsible Appraisals & Valuations announced a nationwide campaign to encourage lenders, appraisers, realtors and others in the housing industry to sign a "Code of Conduct" to ensure homebuyers and homeowners receive accurate and fair appraisals for their homes. |
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