overassess

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o·ver·as·sess

 (ō′vər-ə-sĕs′)
tr.v. o·ver·as·sessed, o·ver·as·sess·ing, o·ver·as·sess·es
1. To assess (a property) as being worth more than its actual value, leading to the imposition of an overly high tax based on the valuation.
2. To collect a tax higher than that justified by law from (someone).

o′ver·as·sess′ment n.
References in periodicals archive ?
The ProPublica/Tribune research published this year was only the culmination of many years of research showing that wide swathes of the county -- largely to the south and west of Chicago and southern suburbs, but in many other places as well, especially where immigrants live -- were substantially overassessed.
Property may be under- or overassessed and favoritism may creep in.
Estimation results indicate that on average structural improvements are overassessed by about 22%, though this does not imply that the property itself is overassessed (the land may be underassessed).
Market conditions -- and the growing likelihood that some properties are overassessed -- have spurred him to review recent sales.
The state department has said it overassessed the value of property of the computer chip manufacturer in recent years.
Without insight into current real estate market conditions, your properties may be overassessed, and you may be paying more real estate taxes than are appropriate.
Never has been overassessed - I don't share the handicapper's flattering opinion of the horse, even though I am probably fonder of the horse than he is.
Wilson estimates a majority of downtown North Bay commercial properties are "100-per-cent" overassessed and cites one property being assessed at $189,000, which sold for $55,000, another assessed for $290,000 and sold for $140,000.
People say children are overassessed but that's because they are doing lots of high stakes tests which means high pressure.
If the real estate market declines sharply during the revaluation or soon after, the County will once again face angry and overassessed property owners.
If an initial review indicates that the property is overassessed, it should be determined whether the difference in value warrants hiring an appraiser to give an opinion.