What term describes the legal procedure for discovering the value of property for tax assessment?

The term that describes the legal procedure for determining the value of property specifically for tax assessment purposes is known as tax assessment appraisal. This process involves a systematic approach to establish the fair market value of a property, ensuring it aligns with taxation regulations and policies. A tax assessment appraisal is vital as it provides the foundation for property owners to understand their tax obligations and for local governments to ensure equitable collection of property taxes.

Property appraisement could refer to the broader evaluation of a property’s value, but it does not specifically imply the context of taxation. Market analysis typically pertains to a broader understanding of market trends and conditions rather than a formal appraisal process. Similarly, property evaluation may refer to various assessments of a property's worth and uses but lacks the direct link to tax assessment procedures. Thus, the specificity of tax assessment appraisal makes it the correct choice for describing the legal procedure aimed at determining property values for taxation.