appraise

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appraise

v. to professionally evaluate the value of property including real estate, jewelry, antique furniture, securities, or in certain cases the loss of value (or cost of replacement) due to damage. This may be necessary in determining the value of the estate of someone who has died, particularly when the items must be divided among the beneficiaries, to determine the value of assets for insurance coverage, to divide partnership assets, set a sales price, determine taxes, or make insurance claims. (See: appraiser)

appraise

verb appreciate, assess, balance, calculate, compare, conjecture, consider, diagnose, differentiate, distinguish, estimate, evaluate, excise, fathom, gauge, judge, measure, opine, ponder, price, rank, rate, reckon, size up, sort out, sound, sum up, survey, take stock, value, weigh
Associated concepts: appraise value of property, criminal record, misconduct
See also: assess, calculate, charge, consider, criticize, diagnose, estimate, evaluate, examine, excise, gauge, judge, measure, opine, ponder, rate, survey
References in periodicals archive ?
In total, the new Board of the Society of Appraisers consists of 11 people.
I say that bluntly because I want to put to rest any concern about liability and encourage appraisers to take the arbitrator's chair more freely and frequently.
The appraiser indicated that although it was a short sale, after speaking with the selling broker he did not think that the short sale affected the sale price.
There is currently no standardized method for identifying top-quality appraisers or validating appraiser selection during appraisal review.
New and Non-Certified Appraisers Candidates for CBA accreditation must:
THE APPRAISAL INSTITUTE, along with three other leading real estate appraiser organizations, on April 28 released model state legislation that, if enacted into law, would ensure that state appraiser boards' revenue remains with the boards for enforcement and administration of licensing laws.
Over the past four years, Interior's appraisers have been responsible for the valuation of nearly 8 million acres of land worth almost $10 billion, the report says.
170(f)(11) (E)(i) provides that a "qualified appraisal" means an appraisal (1) treated as a qualified appraisal under regulations or other IRS guidance; and (2) conducted by a qualified appraiser in accordance with generally accepted appraisal standards and any IRS regulations or other guidance.
A variety of business valuation organizations, including the American Society of Appraisers (ASA), the Institute of Business Appraisers, the National Association of Certified Valuation Analysts, and the American Institute of Certified Public Accountants, accredit business appraisers.
Taylor said that sometimes brokers pressure appraisers to come up with a property value that will support a high sale price.
Through new guidance and regulation, HUD has strengthened its criteria for placing appraisers on its appraiser roster--which establishes their eligibility to participate in HUD programs.
The laptop's appraisal software, including updated pricing and technical information, lets appraisers complete their work efficiently and accurately, with all the information, including photos, saved in electronic format.