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landscore.com
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Definitions (64)
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actual use code/type
Identifies the purpose or activity for which a property or a component of a property is being held or used.
Meaning awaits approval from a moderator |
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agricultural land reserve code
Indicates that a property is within the agricultural land reserve and whether it is subject to regulations.
Meaning awaits approval from a moderator |
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assessed improvements value
The value of improvements for assessment purposes, determined as defined in the Assessment Act. These are the values that are printed on the roll as 'Actual Value - Buildings' and from which assessed improvement values are computed.
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assessed land value
The value of land for assessment purposes, determined as defined in the Assessment Act. These are the values that are printed on the roll as 'Actual Value - Land' and from which assessed land values are computed.
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assessed values
The values used as a basis for property tax billing, computer-generated from the actual values.
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assessment area code
Identifies the assessment area in which a parcel is located. The province is divided into 22 provincial assessment areas and a number of Indian Band assessment areas. For example Greater Victoria is area 01, and Westbank Indian Bank is Area 49.
Meaning awaits approval from a moderator |
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average sale
The aggregate sale figure divided by the number of sales used in the group.
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block number
A number used to identify a block that forms a part of the legal description.
Meaning awaits approval from a moderator |
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cash sale
A sale which the vendor receives all cash for his equity in a property.
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certificate of title
A document signed by the Registrar certifying that the person named is entitled to the land described in fee simple, subject to any charges or encumbrances shown on the document. (See Land Title Act of British Columbia.)
Meaning awaits approval from a moderator |
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