A decision involving the Property Transfer Tax Act points to a way, when the facts are right, to reduce the amount of the total tax payable when there are multiple buyers. Three individuals…
Posts tagged with “Property Transfer Tax Act”
Legally Speaking Property Transfer Tax – Multiple Buyers and Exemptions #277
Legally Speaking Real Estate Act Section 28 – Disclosure by Licensee #237
Not every listing contract creates a fiduciary relationship, nor does every imperfectly completed Section 28 disclosure by a licensee give a seller a legal basis for…
Legally Speaking Property Purchase Tax Act (Continued) #107
On July 10, 1987, the Ministry of Finance closed the loophole referred to in the second example in Column 106 by an amendment to the PPTA…
Legally Speaking Property Purchase Tax Act #106
We can expect publication in late July of regulations to carry out the intent of this Act. These regulations may…