An estimate of a property’s fair market value by an authorized person with applicable knowledge and expertise.

An international real estate trade organization representing professional real estate appraisers.  

Buying securities in one market and then selling them immediately in another market to make a profit on the price discrepancy.

A form of alternative dispute resolution process conducted out-of-court whereby the dispute between parties to a contact is decided by an impartial third party arbitrator.

A computer program utilized to analyze portfolio performance and purchase opportunities.  

A sale between a willing buyer and a willing seller that are unrelated and are not acting under duress, abnormal pressure or undue influences.

A financial and legal term that refers to the status of payments in relation to their due dates.

The acceptance by the tenant of the existing condition of the premises at the time a lease is consummated, including any physical defects.

A mathematical representation of the typical value of a series of numbers, computed as the sum of all the numbers in the series divided by the count of all numbers in the series; a ...

The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date.