Definition : Real estate tax

Financial levy collected by a municipality or a school service centre on an immovable. In the case of a divided co-ownership, real estate taxes are based on the value of each private portion (e.g. apartment or parking space) plus the value of the share (%) of the common portions associated with it. Real estate taxes, whether municipal or school taxes, are prior claims under the Civil Code of Québec

 WHAT YOU SHOULD KNOW! Common portions and common portions for restricted use do not constitute separate units of assessment and are not subject to this type of tax.

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Undivided co-ownership (by indivision) has existed since time immemorial, even before the existence of divided co-ownership. Indivision allows two or more people to own a building while sharing acquisition and operating costs. A co-ownership is said to be undivided when the right of ownership is not accompanied by a material division of the property. The building usually has a single lot number. The owners own a share of this lot. The municipal and school tax bills are thus intended for all the co-owners of the building, who must separate the costs. In addition, since 1994, the Civil Code of Quebec has contained several rules governing joint ownership.
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À la dernière assemblée de condos, j'ai lu les états financiers et je n'ai vu nulle part que le syndicat payait des taxes foncières. Cela m'étonne beaucoup. Si le syndicat est propriétaire des parties communes, alors c'est logique qu'il soit soumis aux mêmes règles que chacun des copropriétaires à l'égard de sa partie privative. Je ne sais pas trop quoi penser : le syndicat doit-il payer des taxes foncières?
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