Assessed value definition

Assessed value means 1 of the following:
Assessed value means the taxable value as determined under section 27a of the general property tax act, 1893 PA 206, MCL 211.27a.
Assessed value means the valuation of taxable real property

Examples of Assessed value in a sentence

  • Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed upon base for a Fully Assessed value of the Property.

  • The parties further acknowledge and agree that the Agency has been notified by the Company that the costs of the Project increased resulting in a revised estimated total project cost of $5,925,000 which most likely will result in an actual Assessed value of the Project Facility which is higher than the Assumed Assessment and an increase in the potential real property tax benefit above what has been approved to date by the Agency.

  • Assessed value of the Secured Equipment: as per the Assessment Report (Jin ZTC Ping Zi [2010] No.2) issued on 5 January 2010 by Tianjin Zhong ▇▇▇▇ ▇▇▇▇▇ Real Estate and Land Assessment Co., Ltd., as at 30 November 2009 and based on the current use of the Secured Equipment, its market value is RMB135.6969 million.

  • The amounts that each party to this Contract shall pay shall be based on the following formula: Share of costs = %AV + %TC + %Pop Where: AV = Assessed value of real estate in area served TC = Annual average of total emergency calls to area served Pop= Population of area served If the City is providing protection to multiple townships or other cities, all entities served shall be included in calculating the formula.


More Definitions of Assessed value

Assessed value means the amount of the most current property tax assessment.
Assessed value means the valuation of taxable real property as placed on the last completed assessment roll.
Assessed value means the value of the eligible property on the most current property tax assessment at the time that the relevant application or agreement is submitted or the agreement is signed, as applicable.
Assessed value means the market value-in-use of a property, used for property tax assessment purposes as determined by the St. Joseph County Assessor.
Assessed value means the value of land or improvements, or both, as if the land or improvements were held in fee simple off the reserve, as determined under this By-law;
Assessed value of land means such percentage of the capital value thereof as may from time to time be prescribed;
Assessed value means the value of the defendant's funds subject to confiscation as assessed by the court under section 8C(1) of this Act;