Assessments and Assessment Appeal Procedures
Students are introduced to property markets and property assessment, with an emphasis on property assessments and assessment appeals in Canada under the authority of the First Nation Fiscal and Statistical Management Act (FSMA) or s. 83 of the Indian Act. Topics include land tenure, approaches to assessing residential or income earning properties, assessment rolls, and assessment appeal processes, which meet the FSMA regulatory requirements. Upon completion of this course, participants should have the knowledge and skills to fulfill the First Nation Tax Administrator's role in regards to managing the assessment and assessment appeals process.
Recommended: APEC 1610
Upon successful completion of this course, students will be able to do the following:
- Identify factors which affect property values, including First Nation property values
- Explain the assessment process for different types of property
- Explain and implement a First Nation assessment law
- Establish and manage an assessment review board
- Manage assessment appeals for the First Nation
Module 1: An Introduction to Valuing Land
- Property Values
- First Nation Land Tenure and Valuation Implications
Module 2: Assessment Theory and Practice
- Property Classification for Assessment Purposes
- Residential Assessments
- Non- Residential Assessments
- Utility Assessments
Module 3: Assessment Law and Practice
- First Nation Property Assessment Law
- Identifying Assessable Properties and their Holders or Occupiers
- The Assessment Schedule
- Assessment Inspections
Module 4: Assessment Appeals
- The First Nation Assessment Appeal Process
- Assessment Appeal Outcomes
Maximum Completion30 weeks.
Required Text and Materials
Required First Nations Tax Commission. (2014). First Nation real property taxation guide (3rd ed.). Kamloops, BC: First Nations Tax Commission. Retrieved from http://sp.fng.ca/fntc/fntcweb/rptg_3ed_2014_web.pdf
A computer with Internet access is required.
Open Learning Faculty Member Information
An Open Learning Faculty Member is available to assist students. Primary communication is through the Learning Environment's "Mail" tool or by phone. Students will receive the necessary contact information when starting the course.
In order to successfully complete this course, students must obtain at least 50% or higher on the overall course and 50% or higher on the mandatory Final Project.
|Assignment 1: Musqueam Leaseholder's Dispute||15%|
|Assignment 2: Presenting to Chief and Council||15%|
|Final project*: Assessments Appeal||20%|