F-2.1, r. 13 - Regulation respecting the real estate assessment roll

Section 14 Disposition versions

2012-09-01

14. The standard deviation from the median of a roll resulting from an equilibration shall not exceed

(1)  36%, where the single-family residential concentration index of the roll is less than 20%;

(2)  31%, where the index referred to in subparagraph 1 is equal to or greater than 20% but less than 40%;

(3)  25%, where the index referred to in subparagraph 1 is equal to or greater than 40% but less than 60%;

(4)  19%, where the index referred to in subparagraph 1 is equal to or greater than 60% but less than 80%; and

(5)  14%, where the index referred to in subparagraph 1 is equal to or greater than 80%.

The standard deviation from the median of the roll shall be obtained by carrying out the operations provided for in Schedule III.

The single-family residential concentration index of the roll is obtained by dividing by the total number of units of assessment comprised in the roll according to the summary of the state of the roll on the date of its deposit, the number of units comprised in the roll according to the summary and listed on the form appearing in Part 4C of the Manual under the headings “10 — Logements/Nombre: 1 (condominium)” and “10 — Logements/Nombre: 1 (sauf condominium)”.The resulting quotient shall comprise 2 decimal places and shall be converted into a percentage.

The obligation provided for in the first paragraph does not apply where the number of sales of immovables located in the territory of the local municipality that were concluded, according to the contract, at a price equal to or greater than $1,000, including the amount of all taxes applicable by reason of the supply of the immovable, and that were registered at the registry office during the second, third and fourth fiscal periods preceding the period during which the roll comes into force is less than 30.

Where the obligation provided for in the first paragraph applies, the assessor shall inform the Minister of the standard deviation from the median of the roll that he has calculated in accordance with the second paragraph.

M.O. 94-09-01, s. 14; M.O. 2000-06-14, s. 5; M.O. 2010-07-20, s. 5.