Documents & Clauses
Additional Name buyer
Notwithstanding section 20A of this Contract, the Buyer may, without the further consent of the Seller, add (insert name(s) of a specific person(s)) as an
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Seller Best Practices
Find the right fit – Listing agent
Make sure the real estate agent you hire is a good fit for your needs., Make sure your approach and expectations are in alignment, check
Seller Best Practices
Show the facts! – Sellers Best Practices
Ensure that all your home’s details in the listing are accurate, from the square footage, recent renovations, property taxes, and lot dimensions to items that
Buyer Best Practices
WHAT IS AN OFFER?
An offer is a formal, legal agreement to purchase a home and is legally binding once accepted by the seller. Offers to purchase a home
Buyer Best Practices
Common Types of Homeownership
Options vary slightly between provinces, but you can choose between the following ownership types in Canada:
Taxation
Who pays land transfer tax?
When you acquire land or a beneficial interest in land, you pay a land transfer tax to the province when the transaction closes. Land transfer
Taxation
Non-Resident Speculation Tax
effective October 25, 2022, the Non-Resident Speculation Tax (NRST) rate was increased to 25 percent. The NRST applies to the purchase or acquisition of an
Government programs
Provincial First-Time Purchaser Eligibility
To be eligible as a first-time buyer for the provincial LTT rebate: • The purchaser must be at least 18 years old. • The purchaser
Government programs
HST New Housing Rebate
Program: You may be eligible to claim a rebate for a part of the HST you pay on the purchase price of a newly constructed
First-time buyers
Home Buyers’ Plan (HBP)
To help you come up with a down payment, you may be eligible for the HBP. The HBP allows you to withdraw up to $35,000,
