QUALIFIED APPRAISAL
\kwˈɒlɪfˌa͡ɪd ɐpɹˈe͡ɪsə͡l], \kwˈɒlɪfˌaɪd ɐpɹˈeɪsəl], \k_w_ˈɒ_l_ɪ_f_ˌaɪ_d ɐ_p_ɹ_ˈeɪ_s_əl]\
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A document that is generated by a qualified appraiser after assessing the value of a property. The assessment must meet certain IRS standards and expectations. It must conform to the Uniform Standards of Professional Appraisal Practice (USPAP).
By Henry Campbell Black
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"