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In jurisdictions which use a point system, the police or licensing authorities maintain a record of the demerit points accumulated by each driver. Traffic offenses, such as speeding or disobeying traffic signals, are each assigned a certain number of points, and when a driver is determined to be guilty of a particular offence, the corresponding number of points are added to the driver's total.
For a first conviction, they face an additional $2,000–$10,000 fine and six demerit points; they may also face up to six months in jail and licence suspension of up to two years. For a second conviction within 10 years of the first conviction, their licence may be suspended for up to 10 years. [14]
Demerit points stay on a driver's record for two years from the original offence date. If a driver accumulates enough points, a suspension/loss of licence can occur. For a fully licensed driver in Ontario, the accumulation of six demerit points results in a "warning" letter. At nine points, the driver is scheduled a mandatory interview to ...
The buying and selling of property is normally done through a real estate agent who work on a financial commission and act as a broker between buyer and seller. As well as brokers, the sale of property can be done with the aid of a lawyers (commercial sales), notaries (Quebec), surveyors, title insurers or third party consultants. [2]
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For income tax purposes, trusts are treated as a taxable entity by the Income Tax Act. A legal representative of an estate of a deceased person may have to file a T3 return for the estate if it has properties that has not been distributed. Unlike the United States, families cannot file joint returns. A partnership is not a taxable entity for ...
The annual property tax is usually a percentage of the taxable assessed value of the property which is commonly determined by the assessment service provider of the municipality. The annual property tax for any province contains at least two elements: the municipal rate and the education rate.
Section 1 of the Act covers definitions and application of the Act to places other than highways. The definition of "highway" in the Act is broad in nature to include "a common and public highway, street, avenue, parkway, driveway, square, place, bridge, viaduct or trestle, any part of which is intended for or used by the general public for the passage of vehicles and includes the area between ...