Search results
Results from the WOW.Com Content Network
Canadian property law, or property law in Canada, is the body of law concerning the rights of individuals over land, objects, and expression within Canada. It encompasses personal property, real property, and intellectual property. The laws vary between local municipal levels, up to provincial and then a countrywide federal level of government.
In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property from one entity to another. This kind of tax is typically imposed where there is a legal requirement for registration of the transfer, such as transfers of real estate , shares , or bond .
A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property.
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.
Toronto has the highest land transfer tax rates in Canada as it levies an additional land transfer tax equal in value to the Ontario land transfer tax. Alberta and Saskatchewan do not charge land transfer tax. To provide relief for the high costs of land transfer tax, some provinces provide rebates for first-time home buyers:
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Trespass to Property Act is a statute enacted by the Legislative Assembly of Ontario, Canada. It addresses illegal entry onto private property, or trespass to land . The current Act was amended most recently in 2016.
Play Just Words free online! If you love Scrabble, you'll love the wonderful word game fun of Just Words. Play Just Words free online! ... 24/7 Help. For premium support please call: 800-290-4726 ...