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reassessment
(redirected from reassess)

   Also found in: Dictionary/thesaurus, Legal 0.01 sec.
Reassessment
The value of a property as determined by an appraisal after an appraisal was previously made. A reassessment usually occurs every year when a municipality orders appraisals to determine the liability for property taxes. Additionally, if a property owner wishes to dispute the value of an appraisal, he/she may request a reassessment. The reassessed value may take into account the quality of the property, values of surrounding properties, and market conditions in the area.

reassessment

Reviewing or updating the value estimates of real property for the purpose of calculating ad valorem taxes.



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France "Understands" Syria's Wish to Reassess Cooperation Agreement French Ambassador to Syria Eric Chevallier has said that Paris "understands" Syria's wish to reassess a cooperation agreement it was set to sign with the European Union (EU), according to the Beirut daily AN NAHAR on Saturday.
President Barack Obama still stands behind his promise to defeat al Qaeda, but is just taking time now to reassess the U.
Defense Secretary Robert Gates said Thursday the United States was going "to reassess all weapon programs" as the new administration signaled its hopes of making budget savings.
 
 
 
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