Legal Definition and Related Resources of Appraisement
Meaning of Appraisement
A just valuation of property. A valuation under public authority as of the goods of a decedent, or of property taken for public use. Appraisal for taxation is called “assessment” (q.v.) While sometimes used interchangeably, there is a clear distinction between an appraisement and an arbitration, the purpose of the former being to prevent the arising of differences, while the latter presupposes a controversy. 254 111. 446.
What does Appraisement mean in American Law?
The definition of Appraisement in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
A now essentially obsolete synonym for appraisal.
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You might be interested in these references tools:
| Resource | Description |
|---|---|
| Appraisement in the Dictionary | Appraisement in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Appraisement |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Appraisement in the World Encyclopedia of Law |
Notice
This definition of Appraisement Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
Vocabularies (Semantic Web Information)
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| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/appraisement/ | The URI of Appraisement (more about URIs) |
Appraisement in Maritime Law
Note: There is more information on maritime/admiralty law here.
The following is a definition of Appraisement, produced by Tetley, in the context of admiralty law: The evaluation of a ship by a qualified, court-appointed evaluator before its judicial sale. This practice permits the court to make an informed judgment as to whether the judicial sale price is fair and proper. See Tetley, M.L.C., 2 Ed., 1998 at pp. 1105-1106.
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