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A fee charged by an appraiser to provide an appraisal of value on an item. … [Read more...] about APPRAISAL FEE

In Scotch law. To approve and reject; to take advantage of one part, and reject the rest Bell. Equity suffers no person to approbate and reprobate the same deed. Law Dictionary - Alternative Legal Definition In Scotland this term is used to signify to approve and reject. It is a maxim quod approbo non reprobo. For example, if a testator give his property to A, and give A's … [Read more...] about APPROBATE AND REPROBATE

The value of an item that is provided by an expert, an appraiser, who has experience in the field in order to make an accurate assessment of the value of the item or property. … [Read more...] about APPRAISAL VALUE

1. To make a thing one's own; to make a thing the subject of property; to exercise dominion over an object to tiie extent, and for vthe purpose, of making it subserve one's own proper use or pleasure. The term is properly used in this sense to denote the acquisition of property and a right of exclusive enjoyment in those things which before were without an owner or were publici … [Read more...] about APPROPRIATE

In practice. To fix or set a price or value upon; to fix and state the true value of a thing, and, usually, in writing. Law Dictionary - Alternative Legal Definition To value, to assess or ascertain worth, to provide an appraisal. … [Read more...] about APPRAISE