- appraiser
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A professional who is hired to determine the current value of real estate or other property. Some appraisers specialize in residential houses for the purpose of setting a sales price or securing a mortgage. Other appraisers specialize in particular assets, such as jewelry.Category: Personal Finance & RetirementCategory: Real Estate & Rental Property → Buying a HouseCategory: Real Estate & Rental Property → Selling a House
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- appraiser
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A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property.
Dictionary from West's Encyclopedia of American Law. 2005.
- appraiser
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A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- appraiser
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n.a professional who makes appraisals of the value of property. Some specialize in real property, and others in other types of assets from rugs to rings. A careful, well-trained and practical appraiser may be more important than any other professional in a transaction, since one who grossly undervalues or overvalues property (or has no knowledge of true value) can wreak havoc. Where possible, a person should ask for a profile of other clients and training, and ask whether the appraiser is "MAI" (Member, Appraisal Institute).See also: appraise
Law dictionary. EdwART. 2013.