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Current Mortgage RatesVariable closed: 1.65% 1 year closed: 1.64% 3 year closed: 1.59% 5 year closed: 1.69% 10 year closed: 2.84% Glossary
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GLOSSARY
Canadian Financial, Real Estate and Mortgage Glossary
How often this word is used
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50% - Moderately
50% - Moderately
Assessment Rolls
Synonyms: | summary, taxable real estate |
Filed Under: | mortgages, real-estate, taxation |
Tags: | mortgage, realty, taxes |
Definition of assessment rolls
- assessment rolls
- 1. Assessment rolls are catalogued lists of taxable properties that are made available to the public. These records include an estimate of market value of your property within a municipality for the purposes of determining your portion when paying property tax
Related Terms and Acronyms:
- assessed value (AV, ast) A municipal or provincial government's determination of a property's worth for tax purposes.
- assessments Special and local taxes imposed upon property which benefits from an improvement that has been made in the vicinity.
- property tax A levy by a city on real estate and personal property whose amount varies depending on the property's value.
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Mortgage Rates
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