Assessment Cycle


Definition of "Assessment cycle"

Kevin Heinbuch
  Kevin Heinbuch Team

Period of time between valuations of property for tax purposes in a given locality.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Brokerage General Agent

Independent contractor of the insurance company who has the authority to appoint brokers on behalf o ...

Export-import Bank

Partnership between an agency of the U.S. government and the Foreign Credit Insurance Association (5 ...

Individual Retirement Annuity

Type of individual retirement account (IRA) allowed by the employee retirement income security act o ...

Ordinary Interest

Interest based on a 360-day year instead of a 365-day year. The former is referred to as simple inte ...

Individual Balance Sheet

Statement showing assets and liabilities of an individual. ...

Cash-Out Refi

Refinancing for an amount in excess of the balance on the old loan plus settlement costs. When the m ...

Related Real Estate FAQ

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

How Big Is An Acre?

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

What Is A Maintenance Fee?

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Tax Breaks for the First Time Home Buyer Build or Buy? That’s the Big Question Real Estate Open House - The Dos and Don How To Choose A Realtor When to buy a house

FAQ

What is underwriting? What does computer insurance cover that my warranty doesn't? What is a loan-to-value (LTD) ratio? What is a treasury index? Should I Pay Extra Each Month?