NW Notaries + Lawyers

Property Transfer Tax eliminated on some Newly Built Homes

Buyers buying Newly Built homes up to $750,000 in value no longer need to pay Property Transfer Tax in British Columbia effective February 17, 2016.

Click here for more information. Unfortunately, this does not apply to resale homes.

The First Time Home Buyer’s exemption program is still in place for resale homes.  Click here for information on that program.