Current Value Assessment definition

Current Value Assessment means the current value assessment of land, determined under the provisions of the Assessment Act, for a given year;
Current Value Assessment means the current value assessment of the Property as shown on the last returned assessment roll at the time of submitting the Expression of Interest to the City;
Current Value Assessment. (CVA) means the current value of a property, as determined by MPAC.

Examples of Current Value Assessment in a sentence

  • The estimated municipal costs associated with the Category 3 funding envelope outlined in Schedule A will be apportioned among the participating municipalities according to the Modified Current Value Assessment (MCVA), as outlined below.

  • These costs will be apportioned among the participating municipalities according to the Modified Current Value Assessment (MCVA), as outlined below.


More Definitions of Current Value Assessment

Current Value Assessment or “CVA” means the non-phase adjusted value assigned to a property, or portion of property by the Municipal Property Assessment Corporation (MPAC) as shown on the official assessment roll returned for a taxation year;
Current Value Assessment means the assessed value of a property determined by the Municipal Property Assessment Corporation (MPAC) pursuant to section 19 of the Assessment Act;
Current Value Assessment means the current value assessment of land, determined under the provisions of the
Current Value Assessment means the current value assessment of the Property as shown on the last returned assessment roll at the time of submitting the Pre-Application to the City;
Current Value Assessment or “CVA” means the current value of a Residential Unit as determined by the Municipal Property Assessment Corporation as of the Billing Date;