n. (rē`ăs*sĕs"ment
A renewed or second assessment.
| Dictionary: Re·as·sess·ment |
A renewed or second assessment.
| 5min Related Video: Reassessment |
| Investment Dictionary: Reassessment |
The process of re-determining the value of property or land for tax purposes.
Investopedia Says:
Property is usually reassessed on an annual basis. You may request a "reassessment" if you disagree with your assessment.
| Business Dictionary: Reassessment |
In general: reviewing a policy or a decision.
Real estate: process of revising or updating the value estimate of property for Ad Valorem tax purposes. Local property tax assessors are required to periodically conduct a reassessment of all property. Value estimates are revised based on recent sales and other data, and tax assessments are based on the new estimates.
| Real Estate Dictionary: Reassessment |
The process of revising or updating the value estimate of property for Ad Valorem Tax purposes.
Example: Local Property Tax assessors are required to periodically conduct a reassessment of all property. Value estimates are revised based on recent sales and other data, and tax Assessments are based on the new estimates.
| Word Tutor: reassessment |
| Revaluation or Re-Evaluation | |
| Henry F. Pringle (literature) | |
| quality assurance system |
| Why are antibiotics being reassessed? | |
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