The buyer generally pays at progressive rate of about 1.5% of value (plus an additional approximate 1.5% of value if the real estate is in the City of Toronto).
No.
Limited exemptions are available.
Canada (Québec)
The buyer generally pays at progressive rates of about 1.5% of value (plus an additional approximate 0.5% of value if the real estate is in the City of Montreal).
Private deeds of sale must be accompanied by an attestation of the capacity of the parties prepared by a Québec notary or lawyer.
Extra notary fees do not typically apply, but are included in the parties' legal fees.
Limited exemptions are available.
Tax is not collected if the transfer is not registered, so real estate/nominee companies are used extensively.
Canada (British Columbia)
The buyer generally pays at 1% of the first Can$200,000 of fair market value, and 2% of the balance of the fair market value.
The execution by the seller must be sworn before a commissioner for oaths or notary.
Extra notary fees do not typically apply.
Limited exemptions are available. However, tax does not apply to the beneficial transfer of real estate, so real estate/nominee companies are used extensively to hold bare legal title to real estate so that the beneficial interest and the shares of the nominee company can be sold free of transfer tax.
Canada (Alberta)
There is no transfer tax.
A registration fee (typically paid by the buyer) of 0.02% of the value of the real estate transferred applies.
Canada (Ontario)
The buyer generally pays at progressive rate of about 1.5% of value (plus an additional approximate 1.5% of value if the real estate is in the City of Toronto).
No.
Limited exemptions are available.
Canada (Québec)
The buyer generally pays at progressive rates of about 1.5% of value (plus an additional approximate 0.5% of value if the real estate is in the City of Montreal).
Private deeds of sale must be accompanied by an attestation of the capacity of the parties prepared by a Québec notary or lawyer.
Extra notary fees do not typically apply, but are included in the parties' legal fees.
Limited exemptions are available.
Tax is not collected if the transfer is not registered, so real estate/nominee companies are used extensively.
Canada (British Columbia)
The buyer generally pays at 1% of the first Can$200,000 of fair market value, and 2% of the balance of the fair market value.
The execution by the seller must be sworn before a commissioner for oaths or notary.
Extra notary fees do not typically apply.
Limited exemptions are available. However, tax does not apply to the beneficial transfer of real estate, so real estate/nominee companies are used extensively to hold bare legal title to real estate so that the beneficial interest and the shares of the nominee company can be sold free of transfer tax.
Canada (Alberta)
There is no transfer tax.
A registration fee (typically paid by the buyer) of 0.02% of the value of the real estate transferred applies.
Not if signed under corporate seal.
Not applicable
Canadian Provence Law