complete appraisal

complete appraisal
A term used in the Uniform Standards of Professional Appraisal Practice ( USPAP) requirements for real estate appraisals. Synonymous with an appraisal as defined by the Federal appraisal regulations for real estate pledged to secure loans. A complete appraisal is a statement of market value that meets the five specific standards. A complete appraisal is conducted in conformity with USPAP rules and without invoking the departure provision in those rules.
See appraisal, evaluation, and limited appraisal. American Banker Glossary

Financial and business terms. 2012.

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