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The PTT is charged on the agreed price of a property at a rate of 1% on the first 0,000, and 2% on the portion of the fair market value greater than 0,000 and up to and including ,000,000.
Notaries from Greater Vancouver, the Fraser Valley, Vancouver Island, Northern B. Some of it has to do with when the seller is vacating but not always.Without fail, it's the single biggest headache in most real estate transactions and the number-one problem that often rears its head midway through when needs or circumstances change.You will likely have several questions you need answered and an experienced real estate attorney can help you.
Buying Real Estate / Property Purchasing a home will likely be one of the largest financial transactions of your life. Deciding where to live may be the first question to answer, but make sure you know how to pay for your new home, how to make an offer, and how much should your offer be.
Even though you’re likely to have a real estate attorney, real estate agent, and representatives of your bank by your side during the escrow period and closing, it's important for you to understand the basic mechanics of this part of the process of buying a home.