First Time Home Buyer

Tweet

DID YOU KNOW?

Land Transfer Tax

Frequently Asked Questions about the Refund for First-time Homebuyers

• Do I qualify for the Land Transfer Tax Refund for First-time Homebuyers if I signed my agreement of purchase and sale for my resale home on December 1, 2007?
• I inherited my mother's home from her estate. I did not buy the home. I only inherited it. Since I did not buy the home from my mother, do I qualify for the Land Transfer Tax Refund for First-time Homebuyers?
• If a parent is also on title to a child's property at the insistence of the bank, is the child eligible for the refund as long as all of the other conditions are met?
• How do I apply for the refund of land transfer tax for first-time homebuyers?
• My spouse and I are buying our first home together. I have owned a home before, but sold it before we became spouses. My spouse has never owned a home. Does she qualify for the First-time Homebuyers Refund?
• My partner and I are buying a home together. I have owned a home, but he has not. Does he qualify for the First-time Homebuyers Refund?
• What are the requirements to qualify for the refund of land transfer tax for first-time homebuyers?

Call me for more information.

Mai Peck, Mortgage Agent

905-715-4664