Last updated 12 January 2007
Assessment of a home owned by a private company
The following table provides reference points for the assessment rules of certain types of company title properties.
Principal homes
|
If the principal home owned by a private company, in which the person is... |
And there is... |
Then follow the assessment rules contained in ... |
|
a shareholder, |
a formal agreement giving the person reasonable security of tenure, |
Homeowner's Basic Assessment Rules. More →
Homeowner's Basic Assessment Rules |
|
a shareholder, |
no formal agreement or the agreement doesn't give the person reasonable security of tenure, |
Non-Homeowner's Basic Assessment Rules. More →
Non-Homeowner's Basic Assessment Rules
Note: The value of any right or interest in this property is assessable. |
|
not a shareholder, |
Non-Homeowner's Basic Assessment Rules. More →
Non-Homeowner's Basic Assessment Rules |