Appraiser

Appraiser

An appraiser (from Latin "appretiare", to value), is one who sets a value upon property,real or personal. In England the business of an appraiser is usually combined with that of an auctioneer, while theword itself has a similar meaning to that of "valuer." (See Auction, Valuation (finance).)

In the United States, the most common usage relates to real estate appraisals, while the term is often used to describe a person specially appointed by a judicial or quasi-judicial authority to put a valuation on property, "e.g." on the items of an inventory of the estate (law) of a deceased person or on land taken for public purposes by the right of eminent domain. Appraisers of imported goods and boards of general appraisers have extensive functions in administering the customs laws of the United States. Merchant appraisers are sometimes appointed temporarily under the revenue laws to value where there is no resident appraiser without holding the office of appraiser (U.S. Rev. Stats. § 2609).

See also

* Appraisal
* Real estate appraisal
* Personal property appraisal
* antique & fine art appraisal

References

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Look at other dictionaries:

  • appraiser — index juror Burton s Legal Thesaurus. William C. Burton. 2006 appraiser …   Law dictionary

  • appraiser — ap‧prais‧er [əˈpreɪzə ǁ ər] noun [countable] 1. PROPERTY someone whose job is to judge the condition and value of something, especially property; = VALUER: • If the two sides cannot agree, the price will be determined by an independent appraiser …   Financial and business terms

  • Appraiser — Ap*prais er, n. [See {Appraise}, {Apprizer}.] One who appraises; esp., a person appointed and sworn to estimate and fix the value of goods or estates. [1913 Webster] …   The Collaborative International Dictionary of English

  • appraiser — (n.) early 15c., agent noun from APPRAISE (Cf. appraise) (v.) …   Etymology dictionary

  • appraiser — A person selected to value property, for example, an appraiser of a decedent s property for inheritance tax purposes, or an appraiser of imported goods. See customs appraiser …   Ballentine's law dictionary

  • Appraiser — A practitioner who has the knowledge and expertise necessary to estimate the value of an asset, or the likelihood of an event occurring, and the cost of such an occurrence. Ideally, an appraiser acts independently of the buying and selling… …   Investment dictionary

  • appraiser — [[t]əpre͟ɪzə(r)[/t]] appraisers N COUNT An appraiser is someone whose job is to estimate the cost or value of something such as property. [AM] (in BRIT, use valuer) …   English dictionary

  • appraiser — appraise ► VERB 1) assess the quality or nature of. 2) give (an employee) an appraisal. 3) (of an official valuer) set a price on. DERIVATIVES appraisee noun appraiser noun. USAGE Appraise is frequently confused …   English terms dictionary

  • appraiser — noun see appraise …   New Collegiate Dictionary

  • appraiser — See appraisingly. * * * …   Universalium

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