E-16 - Real Estate Assessment Act

Section 22 Disposition versions

1977-12-31

22. All land used as a golf course having an area of fifty acres or more is exempt from real estate tax for that part of the value entered on the roll exceeding five hundred dollars per acre.

Such land and the buildings and structures thereon shall be entered on the roll at their market value but without regard to improvements to the course.

However, the owner of such land is entitled to such exemption only after he has filed at the registry office of the division where such immoveable is situated a deed describing the land, with a plan and technical description prepared by a land surveyor, and given the municipality proof that the formality prescribed by this paragraph has been complied with.

When such land is no longer used as a golf course, the taxes representing the difference between those which, without such exemption, would have been exigible and those actually levied shall become exigible for the five preceding years. When such land ceases to be used in part only, the taxes provided for in this paragraph shall become exigible only with respect to that part.

1971, c. 50, s. 22; 1972, c. 46, s. 8.