bc property transfer tax: BC Property Transfer Tax - What Okanagan - Vernon Home Buyers should know
- 02/11/09 02:39 AM
When purchasing a home in British Columbia some people may not be aware that there is a Property Transfer Tax or “Land Registration Tax” when an application is made to register changes to a certificate of Title. This is based on fair market value which is the price that would be paid by a willing purchaser to a willing seller in the open market on the date of registration. This can have many implications – for example in the case of a divorce where one partner transfers the title of the house into the other partners name or, Purchasers of (0 comments)