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Glossary of special VFC terms - Prudential

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An appraiser is qualified if he has met the education experience and licensing requirements that are generally recognized for appraisal of the type of asset being appraised* or affiliated with any of the following i The prior owner of the asset if the asset was purchased by the plan ii The purchaser of the asset if the asset was or is now being sold by the plan iii Any other owner of the asset if the plan is not the sole owner iv A fiduciary of the plan v A party in interest with respect to t ...

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