To ensure that future borrowers and lenders alike are aware of a potentially significant change in Mortgage registration fee calculations at the Alberta Land Titles Office, and to help prevent any registration fee surprises...more
On September 27, 2024, the Government of Alberta announced that the fee increases foreshadowed in their spring budget will take effect on October 20, 2024, when the amendments to the Land Titles Act and the Tariff of Fees...more
10/2/2024
/ Buyers ,
Canada ,
Closing Costs ,
Closing Documents ,
Land Titles ,
Land Transfer Taxes ,
Property Owners ,
Purchase and Sale Agreements ,
Real Estate Agents ,
Real Estate Brokers ,
Real Estate Transactions ,
Real Estate Transfers
On December 2, 2022, the Privy Council passed an Order in Council confirming regulations related to the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act). The Prohibition on the Purchase of...more
Key Highlights -
- Prohibition on the Purchase of Residential Property by Non-Canadians Act comes into force on January 1, 2023.
- Impact of the Act will be clearer once the federal government releases draft...more