Assessed value definition

Assessed value means 1 of the following:

Assessed value means the taxable value as determined under section 27a of the general property tax act, 1893 PA 206, MCL 211.27a.

Assessed value means the valuation of taxable real property

Examples of Assessed value in a sentence

• Assessed value is calculated at 100% of market value as defined by Article XIIIA and may be increased by no more than 2% per year unless the property is sold or transferred.

• Such first full Tax Year may be hereinafter referred to as the "Tax Base Year." Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed-upon base for a Fully Assessed value of the property.

• The corporate records and minute books of BSI contain substantially complete and accurate minutes of all meetings of the directors and shareholders of BSI held since its incorporation, and signed copies of all resolutions and by-laws duly passed or confirmed by the directors or shareholders of BSI other than at a meeting, all such meetings having been duly called and held.

• Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed upon base for a Fully Assessed value of the Property.

• Assessed value is calculated at 100% of market value as defined by Article XIII A and may be increased no more than 2% per year unless the property is sold or transferred.

More Definitions of Assessed value

Assessed value means the amount of the most current property tax assessment.

Assessed value means the valuation of taxable real property as placed on the last completed assessment roll.

Assessed value means the value of the eligible property on the most current property tax assessment at the time that the relevant application or agreement is submitted or the agreement is signed, as applicable.

Assessed value means the market value-in-use of a property, used for property tax assessment purposes as determined by the St. Joseph County Assessor.

Assessed value or "valuation" means an amount equal to the true tax value of property rounded to the nearest ten dollars

Assessed value means the value of land or improvements, or both, as if the land or improvements were held in fee simple off the reserve, as determined under this By-law;

Assessed value means the most recent assessed value of the Property as determined by the BC Assessment Authority in the area in which the Property is located; if such value is not available then the assessed value means the highest price in terms of money that the real property will fetch under all conditions requisite to a fair sale with the buyer and seller, each acting prudently, knowledgeable and assuming the price is not affected by undue stimulus as estimated by a real estate appraiser accredited in the jurisdiction in which the Property is located;