How is Total Assessed Value defined in a legal contract?
- Total Assessed Value means the whole amount that is subject to tax as per the most recently issued Table of Aggregates. Seen in 4 SEC filings.
- Total Assessed Value means the evaluated worth of all [property]. Seen in 3 SEC filings.
- Total Assessed Value means the complete estimated value of the parcel before considering all exemptions and adjustments. Seen in 2 SEC filings.
- Total Assessed Value means the overall calculated value of the [property] prior to any and all exemption adjustments. Seen in 1 SEC filing.
- Total Assessed Value means the gross evaluated worth minus any applicable exemptions, also known as the ""net assessed value"". Seen in 1 SEC filing.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Total Assessed Value means the complete evaluated taxable worth of all [property] considering exemptions and adjustments.
Relevant Contract Types
- Real Estate Purchase Agreement
- Commercial Lease Agreement
- Mortgage Loan Agreement
- Property Management Contract
Relevant Circumstances
- When buying or selling property
- When leasing commercial properties
- When assessing taxes for a property
- When managing a property
Relevant Sectors
Genie Definition 2
- Total Assessed Value means the gross evaluated worth of [property] less any applicable exemptions, also known as the ""net assessed value"".
Relevant Contract Types
Relevant Circumstances
- When assessing tax liabilities
- When estimating asset value for financial statements
Relevant Sectors
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Total Assessed Value means the complete evaluated taxable worth of all [property] considering exemptions and adjustments
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