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Real Estate Glossary

Assessment

inflation calculator
Richard Wilson
Written by Richard Wilson

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.

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.

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Richard Wilson

Richard Wilson

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