Common use of Initial Appraised Value Clause in Contracts

Initial Appraised Value. The parties agree that the appraised value of the Leased Land and the Home at the time of Homeowner’s purchase (the Initial Appraised Value) is $ . as documented by the appraiser’s report attached to this Lease as Exhibit INITIAL APPRAISAL.

Initial Appraised Value. The parties agree that the appraised value of the Home and Leased Land and the Home at the time of Homeowner’s purchase (the Initial Appraised Value) is $ . $126,000, as documented by the appraiser’s report attached to this Lease as Exhibit INITIAL APPRAISAL.