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The current values are based on a January 1, 2016 valuation date. Due to the COVID-19 pandemic, the Ontario government postponed the 2020 Assessment Update. They indicated that property assessments for the 2022 and 2023 property tax years will continue to be based on the fully phased-on January 1, 2016, current values.
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
Unlike being "listed", a designation confers a legal status on a property by a specific by-law under the Ontario Heritage Act. [6] Designation gives Toronto City Council the legal authority to refuse any application that would adversely affect the property's heritage attributes.
Members and member offices can be found by using the search function on the home page of its website. All members of the Board are also members of the Ontario Real Estate Association and Canadian Real Estate Association, [citation needed] and as such, are permitted to use the term REALTOR. The REALTOR and MLS trademarks are owned by the ...
The government of Ontario has recently published a guideline that provides a context for the inherent conflict between religious beliefs and the civil authority over religious property that is enabled by the Act. The "Guide to Conserving Heritage Places of Worship in Ontario Communities" is part of the Ontario Heritage Toolkit.
It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline. The "chain" runs from the present owner back to the original owner of the property. In situations where documentation of ownership is important, it is often necessary to reconstruct the chain of title.
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Strata title schemes are composed of individual lots and common property. Lots are either apartments, garages or storerooms and each is shown on the title as owned by a lot owner. Common property is defined as everything else on the parcel of land that is not comprised in a lot, such as common stairwells, driveways, roofs, gardens and so on.
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