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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

Assessment Rolls

Synonyms:	summary, taxable real estate
Filed Under:	mortgages, real-estate, taxation
Tags:	mortgage, realty, taxes

Definition of assessment rolls

assessment rolls: 1. Assessment rolls are catalogued lists of taxable properties that are made available to the public. These records include an estimate of market value of your property within a municipality for the purposes of determining your portion when paying property tax

Related Terms and Acronyms:

assessed value (AV, ast) A municipal or provincial government's determination of a property's worth for tax purposes.
assessments Special and local taxes imposed upon property which benefits from an improvement that has been made in the vicinity.
property tax A levy by a city on real estate and personal property whose amount varies depending on the property's value.

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