Tag: Property
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Assessment
Assessment may have one of the following meanings, depending the context of the term: 1. a bookkeeping record of a tax liability in an U.S. Internal Revenue Service (IRS) office. An act of computing the tax due. in other words, the accurate and equitable valuation and classification of […]
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Market Value
About Market Value: The price that could be obtained if a property were sold under competitive, open-market conditions. Assessors are required to value your property at 100% of market value. See fair market value….