Sales-assessment Ratio

Concept of Sales-assessment Ratio in the context of Real Property

A short definition of Sales-assessment Ratio: The ratio of the assessed value of a property to its selling price, which is presumed to be market value. This shows the percentage of assessed value to market value.

Concept of Sales-assessment Ratio in the context of Real Property

A short definition of Sales-assessment Ratio: The ratio of the assessed value of a property to its selling price, which is presumed to be market value. This shows the percentage of assessed value to market value.