Terms with Tag Appraisal

  • Accredited Appraiser Canadian Institute (AACI) Acronym, Canada,
      A designation offer by the Appraisal Institute of Canada.
    • Appraisal Fee Definition,
      • What someone charges to deliver a professional opinion about how much a property is worth.
    • Appraisal Institute of Canada (AIC) Company Est. 1938, Ottawa, Ontario, Canada, Important,
      • Provides regulations and standards within the Canadian appraisal industry.
    • Appraisal Institute of Canada – Newfoundland and Labrador (AICNL)Company, Newfoundland and Labrador, Canada,
        Represents members of the Appraisal Institute of Canada (AIC) located throughout the province of Newfoundland and Labrador.
      • Appraisal Report Definition,
        • A detailed evaluation of the value of a property based on an inspection and a review of the values of nearby, comparable properties.
      • Appraised Fair Market Value (AFMV)Acronym,
        • Appraised Value Definition,
          • An educated opinion of how much a property is worth.
        • Appraiser Definition,
          • A person qualified by education, training, and experience to estimate the value of real property and personal property.
        • Approximate Market Value (AMV)Acronym,
          • Automated Valuation Model (AVM)Acronym, Important,
            • An accurate "real-time" estimate of market value for residential properties in Canada.
          • Automated Valuation Model Report (AVMR)Acronym,
            • Basic Automated Valuation Model (BAVM)Acronym,
              • Below Market Value (BMV)Acronym, Important,
                • Canadian National Association of Real Estate Appraisers (CNAREA) Company, Canada, Important,
                  • A national non-profit professional association that certifies and regulates real property appraisers in Canada.
                • Canadian Personal Property Appraiser (CPPA)Acronym, Canada,
                  • Canadian Personal Property Appraiser Group (CPPAG)Acronym, Canada,
                    • Canadian Residential Appraiser (CRA)Acronym, Canada,
                      • Certified Appraiser of Personal Property (CAPP)Acronym,
                        • Certified Mortgage Appraisal Reviewer (CMAR)Acronym, Canada,
                          • Credit Appraisal and Rating Tool (CART)Acronym,
                            • Designated Appraiser Commercial (DAC)Acronym, Canada,
                              • Designated Appraiser Residential (DAR)Acronym, Canada,
                                • Enhanced Automated Valuation Model (EAVM)Acronym,
                                  • Estimated Current Market Value (ECMV)Acronym,
                                    • Fair Market Value (FMV) Acronym, Very Important,
                                      • The highest price that a buyer would pay for a property and the lowest price a seller is willing to accept.
                                    • Fair Market Value Appraisal (FMVA)Acronym,
                                      • Foundation of Real Estate Appraisers (FREA)Company, United States,
                                          A US appraisal organisation.
                                        • Gross Market Value (GMV)Acronym,
                                          • Independent Fee Appraiser Senior (IFAS)Acronym, Canada,
                                            • International Society of Appriasers (ISA) Company Est. 1979,
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