PROPERTY TRANSFER TAX (WELCOME TAX) INFORMATION
22 YEARS OF TRUSTED EXPERTISE AND PROVEN SUCCESS
Guiding buyers and sellers on their real estate journey
SOME OF YOUR CLOSING COSTS WHEN SELLING
Brokerage fees
GST and QST apply.
Fees for radiating mortgage, Deed Of Acquittance
Fee to notary for paper work to discharge mortgage, GST and QST apply.
New Certificate Of Location
Cost for a new Certificate Of Location ( If the current one is no longer valid and/or is unacceptable to a notary or a lender or if one does not exist, GST and QST apply.
Moving costs
Get quotes in advance, rates vary amongst companies
** PLEASE NOTE **
No funds are issued by the notary to the Seller until the registry office completes the transfer of title. This could take several days. During this time no interest will be paid on these funds.
** ADJUSTMENTS IN YOUR FAVOUR (Buyer pays Seller) **
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Adjustment of school taxes (July 1st to June 30th)
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Adjustment of municipal taxes (January 1st to December 31st)
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Oil costs of applicable (Seller fills tank, purchaser pays for full tank)