property class definition

property class means those categories of property established in subsection 6(1) for the purposes of assessment and taxation;
property class means a class of real property prescribed under the Assessment Act; (“catégorie de biens”)
property class means the categories of interests in reserve lands established in subsection 6(1) for the purposes of assessment and taxation;

Examples of property class in a sentence

  • When listing information is changed or if the Property is re-listed by the same listing broker before the original expiration or extended expiration date of the original listing, and the Property Class remains the same, then the listing shall retain its original listing date.

  • Court of Appeal) insofar as it addresses the restitution claims of the Xxxxxx Class and Property Class.

  • If the total valid Property Class claims exceed $1,000,000, such claims will be reduced on a pro rata basis.

  • Plains shall deduct the costs of CAFA Notice and any other costs of notice attributable to both Classes in proportion to the allocation of the settlement amount to each Class (i.e. 80% of the costs will be deducted from the Xxxxxx Class Settlement Amount and 20% of the costs will be deducted from the Property Class Settlement Amount).

  • Class Counsel shall propose Plans of Distribution setting forth proposed methods of distributing the Common Fund to members of the Xxxxxx Class and Property Class.


More Definitions of property class

property class means a class of real property prescribed under the Assessment Act. O. Reg. 670/00, s. 1.
property class means any one of the following three major classifications of real property: (A) residential; (B) commercial including apartments, industrial and public utility; and (C) vacant land;
property class means a class of property prescribed by the Lieutenant Governor in Council under section 19 of the Assessment Act;
property class means the class assigned by a tax assessor to real property for purposes of real estate taxes.
property class means the classification of property adopted by the Department of Rev- enue by rule pursuant to ORS 308.215 (Contents of assessment roll), except that in the case of property assessed under ORS 308.505 (Definitions for ORS 308.505 to 308.674) to 308.674 (Exemption equal to difference between real market value of company’s centrally assessable property and 130 percent of cost of company’s centrally assessable real and tangible personal property), “property class” means the total of all property set forth in the assessment roll prepared under ORS 308.540 (Department to prepare assessment roll). [1997 c.541 §9; 1999 c.579 §20; 2012 c.30 §2; 2017 c.414 §3]
property class means a class of real property prescribed under the Assessment Act.
property class means a property class as defined in the Assessment Act;