Assessment District


Definition of "Assessment district"

Any geographic taxing division where the legally chosen representatives are charged with the responsibility of assessing taxable property and collecting tax revenue.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Dismemberment Insurance

Same as term Accidental Death and Dismemberment Insurance: form of accident insurance that indemnifi ...

Excess Interest

Amount credited to the cash value of an insured's life insurance policy above the minimum interest r ...

Assume

To undertake or take on a responsibility or duty. ...

Interstate Land Sales Full Disclosure Act

A federal act requiring potential purchasers and lessees of undeveloped land be provide with all nec ...

Medical

Same as term Medical Examination: physical checkup required of applicants for life and/or health ins ...

One-hundred-percent-location

Precisely the optimum location for a retail business establishment in an urban central business dist ...

Related Real Estate FAQ

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

What Is An Assumable Mortgage?

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Is A Maintenance Fee?

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

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Is Cooperative?

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

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

When to buy a house Is it better to buy or sell a home first Why Right Now is a Good Time for Millennials to Buy a Home How is Square Footage Determined? How To Choose A Realtor

FAQ

Who is a subagent? What is a commitment letter? What if the computer I want to insure is homemade or custom-built? What is a Ginnie Mae? What are prepayment penalties?