Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®


GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
^
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.

Search the Glossary

Mortgage Rates
Mortgage rates have been so low for so long that it might be hard to remember a time when they weren't low, but if you use our rate history page, you can look back and see how things have changed over the years.
Mortgage Rates
 
Our Best Mortgage Calculator Yet
Try out Canada's top rated calculator. Use our mortgage calculator to find the ideal repayment schedule. Add a pre-payment or cash injection and see exactly how it will affect your mortgage.
Top Rated Mortgage Calculator
 
Mortgage Brokers
With all these new terms flying around -- terms like mortgage rates, amortizations and down payments -- the prospect of buying your first home can be downright overwhelming, especially if you're doing it all by yourself. Thankfully, new buyers like you can hire one of our experienced mortgage brokers to help you buy your first home.
Mortgage Brokers Help New Buyers