.png)
Tag : mpac
Sometimes the Best Available Evidence Is Not Enough
In our last blog in this series on burden of proof, we explored the issues with allowing MPAC a second chance at proving current value. In this installment, we take a look at whether current value is truly being determined when the Board makes such a determination based on insufficient evidence...
If At First You Don’t Succeed, Try, Try Again!
In this third part of our blog series on burden, we explore the idea of giving MPAC a second chance to prove current value after failing to prove current value on a first attempt.
Requesting a Reconsideration of Your Assessment
The Ontario Assessment Act provides a chance to have the assessing authority reconsider the value it has assigned to your land before commencing an appeal with the Assessment Review Board.
Click here to read more....
Not Actually…
Generally income producing properties are valued based on an average of other rents in the market area. But there are situations where actual rents can be used... click here to read more