What does an average condition mean on an appraisal?

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What does an average condition mean on an appraisal?

A dwelling with a physical condition rating of AV (average) is a dwelling that shows signs of normal “wear and tear” and exhibits an ordinary standard of maintenance and upkeep relative to its age.

What is average condition for a house?

Average Condition An average home is one that is livable and may have undergone updating in the past five to 10 years. All functional features are in working condition, usually not in need of immediate repair. There are no major deferred maintenance problems or concerns.

What is good condition property?

Good condition means the good physical condition of the Premises and each portion of the Premises, including, without limitation, all of the Tenant Improvements, Tenant’s alterations, Tenant’s trade fixtures, Tenant’s Personal Property, all as defined in this Section, signs, walls, interior partitions, windows, window …

Is fair below average?

If something is ‘fair to average’ it is slightly less than average.

What’s considered fair condition?

Fair condition means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. This vehicle has a clean Title History, the paint, body and/or interior need work performed by a professional. The tires may need to be replaced.

Is average better than good?

As adjectives the difference between good and average is that good is acting in the interest of good; ethical while average is (not comparable) constituting or relating to the average.

What is considered good condition for a car?

Good condition means that the vehicle is free of any major defects. This vehicle has a clean Title History, the paint, body and interior have only minor (if any) blemishes, and there are no major mechanical problems. There should be little or no rust on this vehicle.

Is my car in good or very good condition?

A car in good condition, on the whole, must not have any major flaws (no body damage). The interior and exterior have very few, if any, apparent dings, scratches or defects, and the paint job is still shiny. The body of the car should be rust free or have very little rust.

Are decent and average the same?

As adjectives the difference between decent and average is that decent is decent (sufficiently clothed) while average is (not comparable) constituting or relating to the average.

Does good mean average?

What is considered poor condition for a car?

Poor condition means that the vehicle has severe mechanical and/or cosmetic defects and is in poor running condition. A vehicle with a branded title (salvage, flood, etc.) or unsubstantiated mileage is considered “poor.” A vehicle in poor condition may require an independent appraisal to determine its value.

What does very good condition mean?

Very good (VG) describes a book that is worn but untorn. For many collectors this is the minimum acceptable condition for all but the rarest items. Any defects must be noted. Good (G) describes the condition of an average used worn book that is complete. Any defects must be noted.

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