Assessments
Definitions
- (n.) The determination or estimation of the nature, value, or quality of a property, liability, or obligation, often for taxation or legal purposes.
The property assessments were revised after the new appraisal.
Related terms
See also
Commentary
Use 'assessments' for plural references; singular form 'assessment' contains full legal definition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.