Property Tax Transfer
How much should you have on closing date for Property Tax Transfer?
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Home Buyers Plan With RRSP
Is it a good idea to pull your RRSP to purchase your first home?
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Exemptions For The Home Owner Grant
Types of Tax-Exempt Properties In BC, the following types of properties can be exempt from property taxation: Places of Public Worship: Churches and other religious institutions used primarily for worship. Private Schools: Schools operated privately that meet certain criteria. Non-Profit Residences for the Elderly: Facilities providing accommodation and care to seniors, operated by non-profit organizations.…
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To Qualify For The Home Owner Grant
Detailed Eligibility Criteria Registered Owner and Relationships: Eligibility for Deceased Owner’s Property: If the registered owner of the property has passed away, the surviving spouse or a relative who inherits the property can still claim the Home Owner Grant, provided they meet the other eligibility requirements. This can include proving that they are the rightful…
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Home Buyer Rescission Period
Home Buyer Rescission Period in British Columbia Duration: The rescission period is 3 business days, not calendar days. This means it excludes weekends and statutory holidays. The period begins the day after the buyer signs the purchase agreement and typically ends at 11:59 PM on the third business day. Cost: If a buyer chooses to…
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Contract of Purchase and Sale
Contract of Purchase and Sale Guide When you are prepared to make an offer on a property, you will use a Contract of Purchase and Sale. Your real estate agent will assist you in completing this document. Here is a breakdown of the key elements: Identification: You will need to provide your Driver’s License as…
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