Property Classification definition

Property Classification means the identification of a property or a portion of a property according to its use. The various Property Classifications are set out in Ontario Regulation 282/98 under the Assessment Act, as amended.
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Property Classification means assigning a grade to the property after assessment of its Reserve Value for the purposes of assigning a Premium to the property.
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Property Classification has the meaning given to it by Framework Agreement Schedule 2 – Annex E;
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Examples of Property Classification in a sentence

  • The Service shall be delivered in line with Appendix H - Property Classification.

  • The Township of West Orange will not pay the Company for any additional properties discovered and/or not covered by the Property Classification Schedule attached hereto.

  • The contractor shall include the appropriate Property Classification Code defined in paragraph (b) of this clause when establishing property records and preparing property reports for CUSTOMER contract-accountable property.

  • The Borough of Xxxx Ridge will not pay the Company for any additional properties discovered and/or not covered by the Property Classification Schedule attached hereto.

  • Australian Valuation Property Classification Code (AVPCC) The AVPCC represents the existing land use of the property for Valuation Best Practice valuation purposes and for determining the appropriate land use classification for the Fire Services Property Levy.

  • The Supplier shall submit by the end of the Mobilisation Period, its Planned Preventative Maintenance (PPM) Programme, which should include (and clearly identify) all statutory and routine tasks The Service shall be delivered in line with Appendix H - Property Classification.

  • The City of East Orange will not pay the Company for any additional properties discovered and/or not covered by the Property Classification Schedule attached hereto.

  • Insurance Services Office (ISO) Public Property Classification ratings of the City will not apply to the Fire District.

  • The Seller shall include the appropriate Property Classification Code defined in paragraph (b) of this clause when establishing property records and preparing property reports for Buyer contract-accountableproperty.

  • The Seller shall include the appropriate Property Classification Code defined in paragraph (b) of this clause when establishing property records and preparing property reports for Buyer contract-accountable property.

Related to Property Classification

  • Classification means the identification of a position by reference to a classification title and pay range number.

  • International Classification means the Classification established under the Locarno Agreement Establishing an International Classification for Industrial Designs;

  • Classifications means the classifications contained in Schedule 1 to this Agreement.

  • Has a record of such impairment means has a history of, or has been misclassified as having, a mental or physical impairment that substantially limits one or more major life activities.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.