Course Description
This course will examine the roles and responsibilities of MPAC and the key parties involved in property
assessment as well as define property assessment and the assessment cycle in Ontario. Realtors® can gain an
understanding of the three approaches MPAC uses for determining current value assessments including the sales
comparison approach, the cost approach and the income approach. In addition to learning about key sections of
the Assessment Act important to Realtors®, you can find out how MPAC products can help in your day-to-day
business.
Learning Objectives
By the end of the session you will be able to:
- Understand property assessment and the assessment cycle in Ontario
- Explain the role and responsibilities of key parties involved in property assessment in Ontario
- Understand key terminology used in assessment and the Assessment Act
- Learn about the three approaches to valuation and mass appraisal valuation
- Understand MPAC's valuation processes
- Learn about MPAC and Customer Service
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How to Enroll
- Enroll online.
- Call the OREA Real Estate College at 416-391-6732 or 1-866-411-6732.
- Download the Enrollment Form and
fax to: 416-445-2113 or
Mail to 99 Duncan Mill Road, Don Mills, Ontario M3B 1Z2. - Enroll in person at the OREA Real Estate College, 99 Duncan Mill Road, Don Mills, Ontario M3B 1Z2.