This establishes the value of a certain asset for the purpose of calculating real property taxes. An assessment is calculated to determine any risk involved or the quality of a company’s asset management. Values can be adjusted due to an alteration in the physical nature of a property, such as demolitions or building permit additions.
Assessment
This establishes the value of a certain asset for the purpose of calculating real property taxes. An assessment is calculated to determine any risk involved or the quality of a company’s asset management. Values can be adjusted due to an alteration in the physical nature of a property, such as demolitions or building permit additions.
