I think it would be silly not to include one's real property as an asset. It is most people's biggest asset. It is not settlement funds but it is an asset.shah2014 said:As per my understanding, Assets are only LIQUID ASSETS with verifiable value.
e.g The instruction guide says
Indicate the total amount (in Canadian dollars) of fixed deposits, savings accounts, pensions, etc.
Indicate the total amount (in Canadian dollars) of real property mortgages and any other personal debts.
So, ASSETS does not include properties. Therefore, no need to provide in related document or include the value.
The form clearly asks for liabilities including real property mortgages. If you include your mortgage as a liability but not the market value of the home as an asset, most people would show a negative net worth.