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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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2% - Infrequently

Appraisal or Appraiser


Acronyms &
abbreviations:
ap
Filed Under: abbreviation
Tags: classifieds, property listing, realty
 

Definition of appraisal or appraiser (ap)

appraisal or appraiser (ap)
1. A market value estimate for a parcel of real estate that is made by a competent professional who is knowledgeable about local real estate prices and market trends.

Related Terms and Acronyms:

  • appraisal   An estimate of the market value of a piece of real estate made by a competent professional who knows local real estate prices and markets.
  • appraiser   A person qualified by education, training, and experience to estimate the value of real property and personal property.

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