Definition of Valuation

Valuation

Estimation of worth.

Valuation Date

Date on which valuation occurs.

Appraisal

An expert valuation of property.

Issue Date

date on which a policy is approved.

Policy Date

date on which the insurance company assumes responsibilities for the obligations outlined in a policy.

Appraisal Value

An estimate of the market value of the property.

Closing Date

The date on which the sale of a property becomes final and the new owner usually takes possession.

Maturity Date

Last day of the term of the mortgage agreement.

Issue Date

Date on which a policy is approved.

Policy Date

Date on which the insurance company assumes responsibilities for the obligations outlined in a policy.

Closing Date

The Date on which the sale of a property becomes final and the new owner usually takes possession.

Maturity Date

Last day of the term of the mortgage agreement.

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