An officer chosen or appointed to appraise, value, or assess property. In civil and Scotch law. Persons skilled in law, selected to advise the judges of the inferior courts. Bell; Dig. 1, 22; Cod. 1, 51 A person learned in some particular science or industry, who sits with the judge on the trial of a cause requiring such special knowledge and gives his advice. In England it is … [Read more...]

A person to whom an assignment is made. Allen v. Pancoast, 20 N. J. Law, 74; Ely v. Com'rs, 49 Mich. 17, 12 N. W. 893, 13 N. W. 784. The term is commonly used in reference to personal property; but it is not incorrect, in some cases, to apply it to realty, e.g., "assignee of the reversion." Assignee in fact is one to whom an assignment has been made in fact by the party having … [Read more...]

An assessor is a person or government agency legally appointed to value and appraise property, usually for the purpose of establishing an amount which the property should be taxed. … [Read more...]

This refers to the transfer of property rights from one person to another person, the assignor transferring the property to the assignee. Law Dictionary - Alternative Legal Definition In contracts. 1. The act by which one person transfers to another, or causes to vest in that other, the whole of the right, interest, or property which he has in any realty or personalty, in … [Read more...]

An item of value that is owned and may be used to generate income. May also refer to something owned or in one's control that is beneficial. … [Read more...]