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Assessment Review Board, 655 Bay Street, Suite 1500, Toronto, Ontario M5G 1E5 Phone: (416× 3146900 or 18002633237 Fax: (416× 6451819 or 18662971822 Website: www.arb.gov.on.ca CITY OF TORONTO ACT
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How to fill out cota2-comparablesdoc?
01
Open the cota2-comparablesdoc file on your computer by double-clicking on it.
02
Fill in the document header with the relevant information, such as the property address, date, and your contact information.
03
Begin by providing a brief overview of the property being compared in the "Subject Property" section. Include details like its location, size, and any notable features.
04
Move on to the "Comparable Sales" section and input information about the recently sold properties that are similar to the subject property. Include details like the sale date, sale price, property details, and location.
05
In the "Comparable Listings" section, list any properties currently on the market that are similar to the subject property. Provide details like the listing price, property details, and location.
06
Next, complete the "Market Conditions" section by providing information about the local real estate market. Include details about current trends, demand, and supply in the market.
07
In the "Adjustments" section, make any necessary adjustments to the comparable properties to account for differences between them and the subject property. These adjustments may include factors like size, condition, location, and features.
08
Finally, summarize your findings and conclusions in the "Conclusion" section. Provide a final value estimate for the subject property based on the analysis of the comparable properties.
Who needs cota2-comparablesdoc?
01
Real estate appraisers: Appraisers use cota2-comparablesdoc to document their analysis and findings when determining the value of a property. It helps them compare the subject property to similar properties in the market and make accurate valuations.
02
Real estate agents: Agents may use cota2-comparablesdoc to assess the market value of a property before listing it for sale. It helps them determine a competitive listing price based on the current market conditions and comparable sales.
03
Homebuyers and sellers: Buyers and sellers can benefit from cota2-comparablesdoc when negotiating the price of a property. By reviewing the document, they can gain insights into the value of the property and understand how it compares to similar properties in the area.
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What is cota2-comparablesdoc?
cota2-comparablesdoc is a form used to report comparable sales data for property tax purposes.
Who is required to file cota2-comparablesdoc?
Property owners or their representatives are required to file cota2-comparablesdoc.
How to fill out cota2-comparablesdoc?
Fill out the form by providing detailed information about comparable sales of properties in the designated area.
What is the purpose of cota2-comparablesdoc?
The purpose of cota2-comparablesdoc is to help assessors determine the fair market value of a property.
What information must be reported on cota2-comparablesdoc?
Information such as sale price, property details, and location of comparable properties must be reported on cota2-comparablesdoc.
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