Revaluation definition

Revaluation means the occurrence of any event described in clause (x), (y) or (z) of Section 3.5(b) hereof in which the book basis of Property is adjusted to its Fair Value.

Revaluation has the meaning set out in Section 4.3(c);

Revaluation means the act of re-estimating the worth of real estate of the entire municipality using standard appraisal methods, calibration of the CAMA tables and models, establishment of a new base year with a USPAP compliant report, and providing for statistical testing whether by either:

Examples of Revaluation in a sentence

• Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur.

• Authorized Signature Date Village of Grafton – Ozaukee County ADDENDUM A EXTERIOR ONLY INSPECTIONS This Addendum A is now attached to and incorporated into the Agreement entitled “Agreement for Revaluation Assessment Services” made by and between the Village of Grafton (hereafter “Municipality”) and Associated Appraisal Consultants, Inc.

• Such Dollar Equivalent shall become effective as of such Revaluation Date and shall be the Dollar Equivalent of such amounts until the next Revaluation Date to occur.

• Assessor shall begin the 2020 Revaluation work no earlier than July 31, 2019 invoicing up to a not to exceed amount of Seventy-five thousand dollars ($75,000.00) for the calendar year of 2019.

• Such Spot RatesDollar Equivalent shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting anyDollar Equivalent of such amounts between the applicable currencies until the next Revaluation Date to occur.

More Definitions of Revaluation

Revaluation means the mass appraisal of property to determine the true and actual value of all real property in a town for assessment purposes in accordance with section 12-62 of the Connecticut General Statutes;

Revaluation means a change in value of property based upon an exercise of appraisal judgment.

Revaluation. The adjustment to the Book Value of Company Property as provided in Article 4.9 of this Agreement.

Revaluation has the meaning set forth in Section 5.01(c).

Revaluation means any adjustment to the value of property of the Company in accordance with Treasury Regulation sections 1.704-1(b)(2)(iv)(f), (g), and (s).

Revaluation means the analysis of market data, including an analysis of previous sales and a consideration of shifts in market conditions, to update real property values en masse or at the individual level to market value; and

Revaluation means the occurrence of any event described in clause (x), (y) or z) of Section 3.3 of this Agreement in which the book basis of property of the Company is adjusted to its fair market value.