Appraisals estimate market price for lending and tax obligations; disputes may activate reconsideration or new appraisals.

https://www.scribd.com/document/982613689/What-a-Residential-Or-Commercial-Property-Closing-Attorney-Near-Me-Does-on-Closing-Day-132547

Assessments estimate market value for lending and tax obligations; disagreements might trigger reconsideration or new appraisals.