Document ID: 1006813

Text:
(15)days after Landlord and Tenant have both received the reports of the first two (2)appraisers, then either party may request the Greater Boston Board of Real Estate to appoint the third (3rd) appraiser and such appraiser shall be the third (3) appraiser. The third (3rd) appraiser shall notify Landlord and Tenant of the third (3rd) appraisers determination as to whether the Landlords Rate or the Tenants Rate is closest to the fair market rate and such determination shall be the fair market rate for the applicable Extension Term. Landlord and Tenant shall each bear the costs of its respective appraiser except that Landlord and Tenant shall each bear one-half ( 1/2) the cost of the third (3rd) appraiser, if applicable.

Named Entities:
125
132
Ratio

Tokenized Text:
(
15
)
days
after
Landlord
and
Tenant
have
both
received
the
reports
of
the
first
two
(
2
)
appraisers
,
then
either
party
may
request
the
Greater
Boston
Board
of
Real
Estate
to
appoint
the
third
(
3rd
)
appraiser
and
such
appraiser
shall
be
the
third
(
3
)
appraiser
.
The
third
(
3rd
)
appraiser
shall
notify
Landlord
and
Tenant
of
the
third
(
3rd
)
appraisers
determination
as
to
whether
the
Landlords
Rate
or
the
Tenants
Rate
is
closest
to
the
fair
market
rate
and
such
determination
shall
be
the
fair
market
rate
for
the
applicable
Extension
Term
.
Landlord
and
Tenant
shall
each
bear
the
costs
of
its
respective
appraiser
except
that
Landlord
and
Tenant
shall
each
bear
one
-
half
(
1
/
2
)
the
cost
of
the
third
(
3rd
)
appraiser
,
if
applicable
.