1. Land that has been assessed or appraised to determine its value, typically for legal, financial, or tax purposes
The evaluated land was assessed at $500,000 for property tax purposes.
O terreno avaliado foi estimado em $500.000 para fins de imposto sobre a propriedade.
2. Property that has undergone a formal valuation process by a qualified appraiser or assessor
Before the bank approved the mortgage, the evaluated land met all the required standards.
Antes do banco aprovar a hipoteca, o terreno avaliado atendeu a todos os padrões necessários.