Assessments approximate market value for financing and tax obligations; disagreements might trigger reconsideration or new assessments.

https://www.scribd.com/document/978476927/Property-Law-Attorney-in-Clifton-Park-Solving-Disputes-and-Protecting-Investments-161010

Appraisals approximate market value for financing and tax obligations; disputes may set off reconsideration or brand-new appraisals.