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Assessment
Assessment A fee imposed on property, usually to pay for public improvements such as water, sewers, streets, improvement districts, etc.
RELATED TERMS--------------------------------------
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Improvement
Valuable additions to property which raise the value of the property.
SIMILAR TERMS--------------------------------------
Assemblage
The combining of two or more adjoining lots into one larger tract to increase their total value.
Assessed valuation
Value placed on real estate by governmental assessors as a basis for levying property taxes; not identical with appraised or market value.
Assessed value
The valuation placed on property by a public tax assessor for purposes of taxation.
Assessment base
The total assessed value of all property in a given assessment district.
Assessment rolls
Lists of taxable property.
Assessor
A government official who is responsible for determining the value of a property for the purpose of taxation.
Asset
Items of value owned by an individual. Assets that can be quickly converted into cash are considered "liquid assets."
Asset management
The assembly, management and disposition of a portfolio of investment properties.
Asset management fee
A fee charged to investors based on the amount invested into real estate assets for the fund or account.
Asset turnover
Calculated as total revenues for the trailing 12 months divided by the average total assets.
Assets
Real and personal property in which a person has an unencumbered ownership or equity and which has value.
Assets under management
The current market value of real estate assets for which a manager has investment and asset management responsibilities.
PREVIOUS AND NEXT TERMS--------------------------------------
Asking price
The price that a seller is requesting for their property, specified in a listing contract.
Aspect
The direction toward which a house faces in relation to the points of the compass.
Assemblage
The combining of two or more adjoining lots into one larger tract to increase their total value.
Assessed valuation
Value placed on real estate by governmental assessors as a basis for levying property taxes; not identical with appraised or market value.
Assessed value
The valuation placed on property by a public tax assessor for purposes of taxation.
Assessment
Assessment base
The total assessed value of all property in a given assessment district.
Assessment rolls
Lists of taxable property.
Assessor
A government official who is responsible for determining the value of a property for the purpose of taxation.
Asset
Items of value owned by an individual. Assets that can be quickly converted into cash are considered "liquid assets."
Asset management
The assembly, management and disposition of a portfolio of investment properties.
This dictionary contains 6433 terms. |
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