Which of the following is NOT one of the three broad assessment classes used in Nova Scotia?

The three broad assessment classes used in Nova Scotia for property assessment purposes are Residential, Commercial, and Resource. Commercial properties are those that are used for business purposes, while Residential properties are used for living accommodations, and Resource properties typically pertain to areas designated for natural resources, such as forestry or mining.

Industrial is not one of the primary assessment classes in the Nova Scotia property assessment framework. While industrial properties do exist and may be assessed, they are included under the broader category of Commercial assessments rather than standing alone as a distinct assessment class. This distinction illustrates how properties are categorized for taxation and assessment purposes, underpinning the importance of understanding the classification system for real estate professionals in Nova Scotia.