Levy
To assess, seize or collect. To levy a tax is to assess a property and set the rate of taxation. To Levy An Execution is to officially seize the property of a person in order to satisfy an obligation.
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Real Estate Glossary
Definitions of Common Real Estate Terms
To assess, seize or collect. To levy a tax is to assess a property and set the rate of taxation. To Levy An Execution is to officially seize the property of a person in order to satisfy an obligation.