term1 Definition1term2 Definition2term3 Definition3
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appraisal
act or process of developing an opinion of value
an appraisal includes
description of the property under consideration, the appraiser's opinion of the property's condition, its utility for a given purpose, and/or its probable monetary value on the open market
real estate
land itself and all things permanently attached to it
real estate typically includes
land, fixtures (attachments) to land, anything incidental or appurtenant to land that benefits the landowner, anything else that is considered immovable by law, except for cultivated crops and other removable things that are sold by a contract of sale that complies with the laws regulating the sale of goods
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