APEC 1631
Assessments and Assessment Appeal Procedures

3.0 Credits

Description

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.

Delivery Method

Web-based.

Prerequisites

Recommended: APEC 1610

Objectives

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

Course Outline

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 Completion

30 weeks.

Required Text and Materials

Manuals:

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

Additional Requirements

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.

Assessment

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%
Quiz 1 15%
Assignment 2: Presenting to Chief and Council 15%
Quiz 2 15%
Journal 20%
Final project*: Assessments Appeal 20%
Total 100%

* Mandatory