The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

APPRAISAL APPROACH Definition & Legal Meaning

Definition & Citations:

The way market value is estimated. The three approaches are the cost approach, the income approach, and the market comparison approach. AKA appraisal method.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.