1. Property or real estate that has not been professionally valued or assessed for monetary worth, tax purposes, or legal documentation
The investor purchased unappraised land at auction without an official property valuation.
O investidor comprou terreno não avaliado em leilão sem avaliação oficial da propriedade.
2. Land for which no formal appraisal report has been completed by a qualified appraiser
The bank required an appraisal before financing; they would not lend on unappraised land.
O banco exigiu uma avaliação antes de financiar; não emprestaria dinheiro em terreno não avaliado.