special assessment (Meaning)

Wordnet

special assessment (n)

an additional tax levied on private property for public improvements that enhance the value of the property

Synonyms & Antonyms of special assessment

No Synonyms and anytonyms found

FAQs About the word special assessment

an additional tax levied on private property for public improvements that enhance the value of the property

No synonyms found.

No antonyms found.

Homeowners are responsible for paying special assessments to cover the cost of infrastructure improvements.

The city council approved a special assessment for a new water main.

Property owners can contest special assessments if they believe they are unfair.

Special assessments are typically paid over a period of years.