Real Estate Glossary

Mike Hill
Broker/Owner
3365 Country Club Road
Valdosta, GA 31605
229-242-1401
229-242-1578 fax
mike@mikehillrealestate.com

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Real Estate Glossary

Assessment

The process of placing a value on property for the strict purpose of taxation. May also refer to a levy against property for a special purpose, such as a sewer assessment.

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