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: The Genie AI Legal Assistant 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.
Search EDGAR for 'Definitions of total assessed value' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant 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
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Collaborations with
