Definitions
There is 1 meaning of the phrase
Cadastral Value.
Cadastral Value - as a noun
Cadastral value of a property is the value of the land and the buildings there; serves as a basis for the estimation of incurring taxes.
Example Sentences
"The cadastral value of the house was significantly higher than its market value."
"Tax assessments are based on the cadastral value of the property."
"The town council decided to update the cadastral value of all properties in the area."
"The cadastral value of the land is used to calculate the amount of property tax owed."
"The government increased the cadastral value of the commercial properties in the city center."
