Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

assessment

Read a random definition: ingress, egress, and regress

A quick definition of assessment:

Assessment is when someone figures out how much of something you need to pay. For example, if you have to pay taxes, the government will assess how much you owe. Sometimes, if you live in a certain area, you might have to pay a special assessment to help pay for things like sidewalks or sewage lines. Assessments can also be used to figure out how much something is worth, like a house or a car, so that you can pay the right amount of taxes on it.

A more thorough explanation:

Definition: Assessment is the process of determining the rate or amount of something, such as a tax or damages. It can also refer to the imposition of something, such as a tax or fine, according to an established rate.

Examples:

  • An assessment of the losses covered by insurance
  • An assessment of a luxury tax
  • A special assessment on property that benefits from a public improvement

These examples illustrate how assessment can refer to determining the amount of something, such as losses covered by insurance or a luxury tax. It can also refer to the imposition of a tax or fine, such as a special assessment on property that benefits from a public improvement.

Assessment is an important process in determining taxes and damages, and it helps ensure that everyone pays their fair share. It is also used to determine the value of property for taxation purposes.

assessee | assessment contract

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
shaquilleoatmeal
17:50
slightly helpful! Not much info on the substatus changes for BU though
i don't have a sub status but i was only marked complete like two weeks ago
cause they wanted me to send another transcript
is that wake forest a from last cycle i am so confused
shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
letsseehowitgoesnow
18:11
shaq i got that for BU
shaquilleoatmeal
18:13
@Eminatorcookieeater: just one
shaquilleoatmeal
18:14
@letsseehowitgoesnow: lfg!
shaquilleoatmeal
18:14
@Eminatorcookieeater: did you get one or double??
Just one sadly
letsseehowitgoesnow
18:15
I doubt it means anything. I applied like 2 weeks ago lol
letsseehowitgoesnow
18:16
Actually nvm. I don’t have that lol
shaquilleoatmeal
18:17
@Eminatorcookieeater: I think it's still a good sign, seems like we're one stage away from a decision rolling out which is a good thing, whether an A, R, or WL lol
shaquilleoatmeal
18:17
all obviously based on that reddit post which might not be accurate
Exactly at least something is happening haha
shaquilleoatmeal
18:19
lfg just got a vandy interview
Dkk
18:26
Nice, I should get that app in.
Dkk
18:26
Good motivation.
shaquilleoatmeal
18:28
@Dkk: get that app in man, c'mon
[] baddestbunny
18:29
1.5 hours bitches
[] baddestbunny
18:32
but who’s counting?
it’s happennninnnnggg
LSD+ is ad-free, with DMs, discounts, case briefs & more.