The arrangement is so complicated and arcane that the Santa Clara County assessor has an entire page devoted to Stanford faculty housing. Built by the Krebses in 2003, the 9,217-square-foot mansion on Walden Road has a value of $5.96 million, according to the Lake County assessor. Add assessor to one of your lists below, or create a new one. The students were made aware that, when they assumed the role of assessor, they would be given credit for asking appropriate questions.

For example, in California, the assessed value of a home is generally based on the purchase price and can then only increase by up to 2% annually unless the home undergoes a change in ownership or new construction. There are obviously specific signs for many words available in sign language that are more appropriate for daily usage. The ASL fingerspelling provided here is most commonly used for proper names of people and places; it is also used in some languages for concepts for which no sign is available at that moment.

In the former Soviet Union and modern People’s Republic of China, a judge presiding at trial is assisted by two „people’s assessors“ drawn much like jurors in the community. They do not rule on matters of law but can allow or deny objections. When the trial is completed the judge and people’s assessors decide on a verdict. Noun One appointed to assess persons or property for the purpose of taxation. Noun An inferior officer of justice, who sits to assist a judge as a law authority; in Scotland, the legal adviser of a magistrate, with judicial powers. One who assesses a property for tax or insurance evaluation.

Dictionary entries near assessor

Fair market value refers to the price that would be agreed upon between a willing and informed buyer and a willing and informed seller under usual and ordinary circumstances. Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A person whose job is to officially say how well someone has done on a test, in a competition, etc. Close your vocabulary gaps with personalized learning that focuses on teaching the words you need to know. Professors acted as external assessors of the exam results. College lecturers acted as external assessors of the exam results.

Property tax is an ad valorem tax assessed on real estate by a local government and paid by the property owner. An assessor is an expert who determines the appropriate valuation of an asset or property, often for purposes of taxation. A person who makes assessments, especially for purposes of taxation. This dictionary definitions page includes all the possible meanings, example usage and translations of the word assessor.

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Assessors are employed in various types of employment to assess information, data or reports. Lead assessoris the assessor allocated by the Accrediting Agency whose role is set out in clause 3.5 of this Agreement. In principle, the Lead assessor takes care of the preparation, but he may delegate this task to an assessor of the audit team.

They are a government official who is elected or appointed, depending on the location, to determine the taxable value of real estate or personal property such as a house or a boat. In other locations, a tax assessment on real estate might look different. In Texas, real estate property taxes are typically based on the market value of a home. That means that even if the current homeowner remains in the home as opposed to a transaction taking place, the assessed value can change based on market conditions.

Dictionary Entries Near assessor

We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. It is the highest price a property would bring if it were for sale on the open market for a reasonable period of time. Many sales occur at prices other than what is considered the fair market value.

• Taxes are a mandatory contribution levied on corporations or individuals to finance government activities and public services.
• The trustees are elected for a term of three years, the clerk and assessor for two years.
• An ad valorem tax is a tax derived from the value of real estate or personal property.
• Any delinquent tax amounts will accrue 7 percent in interest by Feb. 1 and will increase every month until the account is paid in full, said Bexar County tax assessor-collector Albert Uresti.

An assessor is elected or appointed to the official position of tax assessor, or in some cases, the joint role of tax assessor and collector. When these roles are separate, the tax assessor is responsible for tax assessment and the tax collector is responsible for tax collection, although there also can be some other related duties assigned to these offices. Later it came to mean one who assesses people or property for purposes of taxation. Personal property values are assessed January 1 of every year and are self reported by property owners to assessors using prescribed state forms. The completed personal property return must be filed with the assessors no later than May 15. Taxes on the reported values are due in two installments – May 10 and November 10 of the year following assessment year.

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As with all county government offices, the assessor’s office works with the taxpayers and other government officials and use terms somewhat unique to their daily activities. The following are the most frequently used terms and their definitions. Noun One appointed to make assessments, especially for purposes of taxation. Assessors are government officials who maintain annual assessments at a uniform percentage of market value. An assessor signs an oath to this effect when certifying the tentative assessment roll.

Interviews were carried out by independent assessors blind to treatment condition to determine whether these problems had improved or worsened after treatment. Some Jews found the business profitable, but these were objects of detestation to their countrymen. In the ancient Polish-Lithuanian Commonwealth, assessors were also members of the juridiciary, sitting on the so-called kanclerz’s courts or assessor’s courts.

These valuations are made by a county appraisal district, and the county tax assessor-collector is then ultimately responsible for assessing and collecting the taxes. For example, if you think there has been an error in the assessed value of your home, you might want to contact the local tax assessor’s office to see if you can get your home reassessed. Otherwise, you might pay more in property taxes than you should. Or you might want to contact your local tax assessor for ways to lower your property tax liability, such as via the homeowner’s exemption. In the role of tax assessor, an official determines the taxable value of property, which can be real property such as houses or buildings, or it could be personal property such as boats or planes. The way in which an assessor values real or personal property can depend on local or state laws.

What Is an Assessor?

A tax assessor might also determine the value of physical property such as boats or business equipment. Other types of personal property like cars, for example, might sometimes be taxed at the state level via the vehicle registration process. An assessor, sometimes called a „tax assessor,“ works for a city or county, aiding the process of collecting taxes from people who own property there. In order to figure out how much someone owes, an assessor compares the person’s house to the others in the neighborhood and tallies up things like square footage, number of rooms, and acres of land. In Latin an assessor is „an assistant,“ though in Late Latin it means „one who assesses taxes.“

The other township officials are the clerk, treasurer, assessor, supervisor of roads, justices of the peace, constables, board of education and board of health. A person who sets valuations, as on property, for taxation. Assessors estimate taxable as well as fair market value based on several objective and subjective measures. To estimate officially the value of for tax purposes. Property owners then had a three-week period to contest these assessments through the assessor.

Synonyms of assessor

At each assessment, participants completed self-report inventories and were interviewed by an independent assessor who was blind to the individual’s specific treatment condition. No army of assessors and collectors had to fan out across the country to locate and visit the taxpayers. The inclusion of policy recommendations was not determined by the type of assessor-internal, external, or a combination of both-but research recommendations were. The assessor’s offices vary in how they determine a home’s value. A person with the accurate and specific ability, experience, knowledge, skills, training, tools, technology and understanding to assess.

The sale price is often adjusted due to the time constraints and pressures on the buyer and seller. To become an assessor, you must be trained and certified. Certification requirements vary by state and municipality. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience.

All claims are initially assessed by personal advisers or senior claims assessors in the customer services department of the medical insurers. The provincial court was to apply ‚ custom ‚ and the http://forum-seminar.ru/istorii-uspeha/shokolad-i-fotografiya-udachnoe-sochetanie.html assessors were selected from those reputed to be most knowledgeable of community custom. But local discretion also gave the assessors the opportunity to depress assessments as demands multiplied.

The Form 11 is the actual notice sent by the assessor and lists the previous assessed values and the new assessed values. A person with special knowledge in some field who serves as a consultant to a judge in a legal proceeding. An assessment occurs when an asset’s value must be determined for the purpose of taxation. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. The government appointed independent assessors to review the viability of the remaining coal mines.

An adviser or assistant to a judge, especially one serving as a specialist in some field. The largest portion of the mall the city is seeking to take covers 2.7 million square feet of land, according to the Cook County assessor. If a swallow remains unsafe or the assessor is uncertain at 48 hours then the patient should be referred to a speech and language therapist. The scientific assessor was asked to testify in court. An assessor sent on behalf of the insurance company examined the damage on December 15. In the role of assessor, the tester examines each candidate’s writing to determine its strengths and areas of weakness.

An assessor is a local government official who determines the value of a property for local real estate taxation purposes. The figures assessors derive are used to calculate future property taxes. The assessor estimates the value of real property within a city or town’s boundaries. This value is converted into an assessment, which is one component in the computation of real property tax bills. An assessor is someone who assesses property values for tax purposes.

In some areas, the local tax assessor’s office is responsible for handling property taxes on vehicles, along with other responsibilities such as vehicle registration and titling. An assessor generally refers to a tax official who determines the taxable value of real estate or personal property. An assessor often works at the local level, such as in a municipality or county, but also might follow state laws for assessing property values.

The assessment roll is a document containing each property assessment. Each year assessors are required to keep current the physical description, inventory, and value estimate of every parcel. Understanding what an assessor is can help you figure out who’s responsible for determining the taxable value of real or personal property. You can then generally turn to these offices for questions or disputes.