Valuation - Law Dictionary Search Results

appraisal

appraisal : a valuation of property by the estimate of an authorized person: as a : the determination of the fair value

Overvaluation

Excessive valuation overestimate

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The multiplicity of rates leviable by public bodies for public purposes was simplified by the (English) Rating and Valuation Act, 1925. By this Act one general rate replaces all the rates formerly made by the respective authorities

Assessment Committee

Assessment Committee. This is a statutory committee for the purpose of making out the valuation list on which the poor rate is based. See VALUATION LIST and POOR LAWS. The committee is appointed

Net wealth

with the provisions of this Act of all the assets wherever located, belonging to the assessee on the valuation date, including assets required to be included in his net wealth as on that date under this Act,

Railway

Leslie on Transport and Disney on Carriage by Railway. As to derating of railways, see (English) Rating and Valuation (Appointment) Act, 1928 (18 & 19 Geo. 5. C. 44), which provided schemes for relieving industry and freight

Union Assessment Committee

of every union, consisting of not less than six nor more than twelve, having jurisdiction to revise the valuation lists framed by the overseers of each parish for the purpose of rating to the poor rate. See

Rebus sic stantibus

Rebus sic stantibus, means valuation. It is valuation with reference to the property in its actually existing condition, taking into account neither the

Referee

see 8 & 9 Geo. 5, c. 13 (licensing of stations); as to bulls, see that title; on valuation of machinery, see (English) Rating and Valuation Act, 1925 (15 & 16Geo. 5, c. 90), s. 24; also

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