Assessment Ratio | Real Estate Glossary

Definition of "Assessment ratio"

Relationship between a real estate's assessed valuation and its market value.

In some states, principle of tort law providing that in the event of an accident each party's neglig ...

Person or business susceptible to loss on an investment, such as a high-risk speculation ...

Wrongful conduct causing false arrest, invasion of privacy, libel, slander, defamation of character, ...

A lender offering loans on the Internet who provides mortgage shoppers with the information they ...

Employee stock ownership plan (ESOP); trust (ESOP) under which an employer received tax credit inste ...

A real estate owner's policy and rules regarding the use of the property by the tenant. In insu ...

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

An easement is the right given by the landowner to use the property. ...

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

The insurance company will replace it with a model as close to it as possible in the current retail ...

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

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