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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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50% - Moderately

Province of Domicile


Synonyms:province, province of residency, residency
Filed Under: financial-banking, insurance, investments, legal-contracts, mortgages, real-estate
Tags: banking, contract, insurance, investment, legal, mortgage, realty
 

Definition of province of domicile

province of domicile
1. As it pertains to an individual, province of domicile refers to the province where one resides permanently or intends to dwell, regardless of their current location. As it pertains to a company or corporation, the term refers to the province where the business's registered office(s) are located.

Related Terms and Acronyms:

  • domicile   A person's permanent residence.
  • landlord   One who rents or leases his or her property to another person or a business.
  • non-resident alien (NRA)   A person who is not a permanent resident or a citizen of Canada, and who is generally taxed on income from Canadian resources.
  • resident alien   A person who is a legal permanent resident, but not a citizen, of Canada.
  • title   Evidence of a person's right to possession ownership of a property.

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