Sentences with phrase «value of the land upon»

A Major Renovation is any renovation of a building where (a) the total cost of the renovation related to the building envelope or the technical building systems is higher than 25 % of the value of the building, excluding the value of the land upon which the building is situated, or (b) more than 25 % of the surface of the building envelope undergoes renovation.

At its core is a property's location (i.e., the real estate axiom of «location, location, location» is in fact a truism) and the simple value of the land upon which the property is situated.

Not exact matches

Yet if there is a 20 percent equity position based upon the value of the existing land then a VA loan is probably not your best bet, anyway.

«Mr. Trudeau has promised real change, and an immigration system that welcomes and values all of us and that means untied work permits and permanent immigration status upon landing,» adds Senthil Thevar, who was a Temporary Foreign Worker in Ontario.

This noble creature, a heroic arbiter possessed of powers to sense the «quality» and «value» of legal services, has attained an exalted status at conferences, around tables, behind lecterns and upon podia the length and breadth of the land.

Administrative law — Judicial review — Municipal law — Taxation — Real property tax — Payments made by Federal Crown in lieu of real property tax — Assessed value of Halifax Citadel — Whether the Federal Court of Appeal erred in holding that the Minister is unconstrained by the assessed value of the property determined by the assessment authority in determining the property value of a federal property for purposes of the PILT Act — Whether the Federal Court of Appeal erred in holding that the Minister acted reasonably in determining the property value of the Halifax Citadel lands (adopting the determination of the Dispute Advisory Panel appointed under the Act), and in particular in valuing the portion of the lands upon which are located improvements which are exempt from payments in lieu of taxes, representing 47 of 49 acres of the site, at $ 10 — Whether the Court should consider the present case as it raises similar issues as Montréal (City) v. Montréal Port Authority 2010 SCC 14, [2010] 1 S.C.R. 427, but from the perspective of assessed value — Payments in Lieu of Taxes Act, R.S.C. 1985, c. M - 13.

As an aside, keep in mind that a significant part of the payment would go to the mortgage holder, if any, and that a homeowner's insurance policy almost never covers the part of the value of a home that is attributable to the land that it is build upon, rather than that building that was destroyed itself.

The price of a home is based on the market value of that home and the land upon which it sits,» Robert Hartwig, president of the Insurance Information Institute, told MSNBC.