Describe What Mediation Is and Explain the Various Stages Involved

question 94

Essay

Describe what mediation is and explain the various stages involved in getting the parties to reach a mutually acceptable agreement. (10 minutes)

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Definitions:

Assessed Values

Assessed values are the valuation of property, usually by a public tax assessor, for the purpose of determining property taxes.

Mill Rate

The amount of tax payable per dollar of the assessed value of a property.

Current Assessment

An evaluation or estimation of the present status, value, or condition of something.

Percentage

A fraction or ratio expressed as a part of 100, used to denote a proportion of a whole.