Introduction

When to Hire a Lawyer

Finding a Lawyer

What the Lawyer Does
>offer

>utilities
>taxes
>zoning
>title search
>execution search
>requisitions
>financing
>government programs
>fire insruance

What happens next?
>day before
>new homes

>closing day
>after closing

Title Insurance

What You Have To Do

FAQ's
>using RRSPs

>5% down
>Inspections

Land Transfer Tax Schedule

 

Land transfer tax due on closing:

Under $250,000.00 : Purchase Price x 1% less $ 275.00''
Over $250,000.00 : Purchase Price x 1.5% less $1,525.00
Over $400,000.00 : Purchase Pricex 2% less $3,525.00

Purchase Price of New Home*
Land Transfer Tax
$ 150,000.00
$ 1,225.00
$ 155,000.00
$ 1,275.00
$ 160,000.00
$ 1,325.00
$ 165,000.00
$ 1,375.00
$ 170,000.00
$ 1,425.00
$ 175,000.00
$ 1,475.00
$ 180,000.00
$ 1,525.00
$ 185,000.00
$ 1,575.00
$ 190,000.00
$ 1,625.00
$ 195,000.00
$ 1,675.00
$ 200,000.00
$ 1,725.00
$ 205,000.00
$ 1,775.00