John is determining the valuation of the property.
what is an appraisal?
- The phrase appraisal is defined because of the act of determining the price of something or the file of that price.
- An instance of the phrase appraisal is when a person determines a residence fee as a result of evaluating the community and its facilities.
- An appraisal is a valuation of property, such as real property, a business, a collectible, or a vintage, by the estimate of an authorized individual.
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