Assessor (property)

Assessor (property)

An assessor is an expert who calculates the value of property. The value calculated by the assessor is then used as the basis for determining the amounts to be paid or assessed for tax or insurance purposes.

In local government in the United States, an assessor is an appointed or elected official charged with determining the value of each taxable property in a county, municipality, or township; this information is then used by the locality to determine the necessary rate of taxation to support the community's annual budget. (This is a specialization of the previous sense; a person who performs similar work for a private employer is more often called an appraiser or, specifically in the insurance industry, an adjuster.)


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  • Assessor — An assessor may be: * Assessor (law), the assistant to a judge or magistrate * Assessor (Oxford), a senior officer of the University of Oxford * Assessor (property), an expert who calculates the value of property * Collegiate Assessor, a civil… …   Wikipedia

  • assessor — as‧ses‧sor [əˈsesə ǁ ər] noun [countable] 1. JOBS someone whose job is to examine places, systems, or people to decide how good or suitable they are: • I worked for a travel agency as an assessor of foreign locations. 2. PROPERTY someone whose… …   Financial and business terms

  • assessor — as·ses·sor /ə se sər/ n 1: one appointed or elected to assist a judge or magistrate; esp: one with special knowledge of the subject to be decided see also master 2: one that assesses; specif: one that is authorized to assess property for taxation …   Law dictionary

  • property tax — n: a tax levied on real or personal property (as by a municipality) compare excise, income tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • assessor's parcel number — The designation of property on the local property tax rolls. Some states or counties require the APN to be on a real estate deed before it can be recorded. Category: Real Estate & Rental Property → Buying a House Category: Real Estate & Rental… …   Law dictionary

  • Assessor — As*sess or, n. [L., one who sits beside, the assistant of a judge, fr. assid?re. See {Assession}. LL., one who arranges of determines the taxes, fr. assid?re. See {Assess}, v., and cf. {Cessor}.] 1. One appointed or elected to assist a judge or… …   The Collaborative International Dictionary of English

  • assessor — [ə ses′ər] n. 1. a person who sets valuations, as on property, for taxation 2. a person with special knowledge in some field who serves as a consultant to a judge in a legal proceeding assessorial [as΄ə sôr′ē əl] adj …   English World dictionary

  • Assessor — A local government official who determines the value of a property for local real estate taxation purposes. Assessors are trained to determine the fair market value of property. The figures that they derive will be used to calculate future… …   Investment dictionary

  • property tax — a tax levied on real or personal property. [1800 10] * * * Levy imposed on real estate (land and buildings) and in some jurisdictions on personal property such as automobiles, jewelry, and furniture. Some countries also levy property taxes on… …   Universalium

  • assessor — assessorial /as euh sawr ee euhl, sohr /, adj. assessorship, n. /euh ses euhr/, n. 1. a person who makes assessments, esp. for purposes of taxation. 2. an adviser or assistant to a judge, esp. one serving as a specialist in some field. 3. Archaic …   Universalium

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