Equalized Value definition

Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.(Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000  .80 = $1,250,000)
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1. Example: Assessed value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000. If Director’s Ratio is less than 100%, the equalized valuation will be an amount greater than the assessed value, if Director’s Ratio is in excess of 100% the assessed value will be equal to the equalized value.
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.

Examples of Equalized Value in a sentence

  • Once the property is transferred, the taxable value must be adjusted by the assessor in the following year to 50 percent of the property’s usual selling price (State Equalized Value).

  • At the time of sale, a property’s taxable valuation is readjusted to the State Equalized Value, which is, theoretically, 50 percent of the market value.

  • At the time property is sold, its taxable valuation is readjusted to the State Equalized Value, which in theory is half of the property’s market value.

  • Once the property is transferred, the taxable value must be adjusted by the assessor in the following year to 50 percent of the property's usual selling price (State Equalized Value).

  • Equalized Value TestThe following calculations demonstrate that the City is in compliance with Wisconsin Statutes Section.66.1105(4)(gm)4.c., which requires that the equalized value of the taxable property in the proposed District, plus the value increment of all existing tax incremental districts, does not exceed 12% of the total equalized value of taxable property within the City.

  • Equalized Value TestThe following calculations demonstrate that the Village is in compliance with Wisconsin Statutes Section.66.1105(4)(gm)4.c., which requires that the equalized value of the taxable property in the proposed District, plus the value increment of all existing tax incremental districts, does not exceed 12% of the total equalized value of taxable property within the Village.

  • Total Equalized Value (000): Total assessed value of all parcels on assessment roll divided by the decimal representation of the appropriate state equalization rate.

  • State Equalized Value or SEV is the Assessed Value, as adjusted by State and County Equalization multipliers.

  • Recommendations for prophylaxis and management of postoperative AF aftercardiac and thoracic surgery are provided in the 2014 AF CPG (14).If the patient develops a sustained, regular, narrow- complex tachycardia (supraventricular tachycardia), which is likely due to atrioventricular nodal reentrant tachycardia or atrioventricular reciprocating tachycardia, the supraventricular tachycardia frequently can be termi- nated with vagal maneuvers or with intravenous medica- tions (adenosine or verapamil).

  • At the time property is sold, its taxable valuation is readjusted to the State Equalized Value, which in theory is 50% of the property’s market value.


More Definitions of Equalized Value

Equalized Value means the assessed value as of January 1, 2017, as provided by county assessors on April 1, 2018, divided by the real and personal property ratio for that county for property taxes levied for collection in 2018.
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1. (Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000)
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.(Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000)8. FULL EXEMPTION FROM THE REALTY TRANSFER FEE (GRANTOR/GRANTEE)The fee imposed by this Act shall not apply to a deed:
Equalized Value means the value that has been certified to the Pierce County assessor-treasurer under RCW 84.12.370, following apportionment to the counties under RCW 84.12.350 and 84.12.360, upon which the state and its taxing districts impose their levies, and that is in a public report made available by the Washington State Department of Revenue.
Equalized Value means with respect to any Property, either (i) the equalized value for such Property as provided by the applicable municipality, or (ii) in the event that the value set forth in the preceding clause (i) is not provided by the applicable municipality, “Equalized Value” shall mean an amount equal to the product of (i) the value of such Property as assessed by the applicable taxing authority (or such other value or methodology used by the applicable jurisdiction to value Properties) and (ii) the Equalization Ratio, in any case, as of the date such Eligible Asset was acquired by an Eligible Asset Owner.
Equalized Value means an amount equal to the product of (i) the value of such Property as assessed by the applicable taxing authority (or such other value or methodology used by the applicable jurisdiction to value Properties) and (ii) the Equalization Ratio, in any case, as of the date such Eligible Asset was acquired by an Eligible Asset Owner.

Related to Equalized Value

  • Property Value means the fair market value of the real property, as remediated, less