An Introduction to Real Property Taxation

Disclaimer: This is intended to provide information respecting Real Property Tax in the Province of New Brunswick under the Real Property Tax Act, the Real Property Transfer Tax Act and the Assessment Act. This should not be regarded as a replacement of the laws, regulations or administrative documents to which it refers. IntroductionDefinition of Real Property TaxWho Pays the TaxExemptionsEstablishment of Assessment Base and Tax RatesTax Relief ProgramsBilling Cycle and Property Tax Bills Frequently Asked QuestionsPayment MethodsAppeals ProcessRefundsAccounts in ArrearsProperty DamageTax Certificates IntroductionThe introduction of the program of "Equal Opportunity" in New Brunswick in 1967 saw the province take over responsibility for health, education, social services, and the administration of justice to ensure equal accessibility to these services for all residents of the province. Since that time, the province has shared the property tax field with local governments. Through the...