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The Sydney Government House served as the Governor-General's Sydney Residence until 1912 when the NSW government sparked a major controversy by effectively evicting the governor-general. The place is significant for its association with the first five occupants of the high office of Governor-General from the time of federation until 1912.
The NSW government continues to guarantee title under the Torrens Assurance Fund (TAF) and will continue to retain full ownership of all land title data. The government created the Office of the Registrar General on 1 July 2016 to monitor and enforce the operator’s performance of the land titles registry business in respect of defined service ...
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
The Valuer General is responsible for standards and policy in relation to the land valuation system and determining compensation for the acquisition of properties and monitors the quality of the value of land and services to the community by Property NSW. [1] The Office of the Valuer General provides day-to-day support to the Valuer General.
A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. [ 3 ] [ 4 ] The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century.
Property and Development NSW is a statutory body of the Government of New South Wales that manages the State's significant property portfolio and its places. Formed on 1 July 2016, Property NSW encompasses the entities of the former Government Property NSW (GPNSW), the former Sydney Harbour Foreshore Authority (SHFA), Teacher Housing Authority of NSW (THA) and Waste Assets Management ...
Annual Property Tax. The municipal level of government is funded largely by property taxes on residential, industrial and commercial properties; when the municipal council determines the financial budget for the year, they predict an expected revenue that needs to be funded by property tax for municipal services and decide a municipal tax rate ...
The government sought to construct a new government house on Bloor Street East and 12 architects submitted proposals in 1909. [18] However, as that area was becoming too commercial, the province moved the site to a 14-acre (5.7 ha) parcel of secluded and undeveloped land in Toronto's Rosedale neighbourhood.
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