Revaluation definition

Revaluation means the occurrence of an event described in clause (v), (w), (x), (y) or (z) of Section 2 below 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.

• Increases in valuations are matched by credits to the Revaluation Reserve to recognise unrealised gains.

• The Revaluation Reserve contains revaluation gains recognised since 1 April 2007 only, the date of its formal implementation.

• The Account is debited with the cost of acquisition, construction or enhancement as depreciation, impairment losses and amortisations are charged to the Comprehensive Income and Expenditure Statement (with reconciling postings from the Revaluation Reserve to convert fair value figures to a historical cost basis).

• The Account also contains revaluation gains accumulated on Property, Plant and Equipment before 1 April 2007, the date that the Revaluation Reserve was created to hold such gains.

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

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 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