ATTENTION FIRST-TIME BUYERS...
First time homebuyers may be eligible for a refund of Provincial land transfer tax, up to
a maximum of $2,000.00. To qualify, you (or your spouse) must:
1) be at least 18 years of age;
2) occupy the home as your principal residence within 9 months of the date of transfer; and 3) never have owned a home, or an interest in a home, anywhere in the world. If you are a “spouse”, and have owned a home, your partner may claim a refund up to the maximum if they meet the above requirements, as long as you did not own a home while you were each other’s “spouse”. “Spouse” includes 2 persons married to each other or 2 persons who have cohabited continuously for a period of more than 3 years or in a relationship of some permanence, if they are natural or adoptive parents of a child.
The refund is usually claimed at the time of registration. If not, a refund claim may be made directly to the Ministry of Finance within 18 months after the date of transfer.
...It’s The Law!
1) be at least 18 years of age;
2) occupy the home as your principal residence within 9 months of the date of transfer; and 3) never have owned a home, or an interest in a home, anywhere in the world. If you are a “spouse”, and have owned a home, your partner may claim a refund up to the maximum if they meet the above requirements, as long as you did not own a home while you were each other’s “spouse”. “Spouse” includes 2 persons married to each other or 2 persons who have cohabited continuously for a period of more than 3 years or in a relationship of some permanence, if they are natural or adoptive parents of a child.
The refund is usually claimed at the time of registration. If not, a refund claim may be made directly to the Ministry of Finance within 18 months after the date of transfer.
...It’s The Law!
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