Assessed Valuation
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Also found in: Financial, Encyclopedia

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The financial worth assigned to property by taxing authorities that is used as a basis or factor against which the tax rate is applied.

A prescribed amount of the value of each unit must be paid as taxes in the future. In most cases, the assessed value is not representative of the fair market value of the property.

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Assessed Valuation (redirected from Assessed Valuations)

Assessed Valuation
(redirected from Assessed Valuations)