Real Property Transfer Tax Exemptions

This section provides information on real property transfer situations where Real Property Transfer Tax will be waived.

Are there any Real Property Transfer Tax Exemptions?

Real Property Transfer Tax exemptions include:

• Real Property Transfer Tax Low-Cost Exemption
• Real Property Transfer Tax First-Time Home Buyers Exemption
• Real Property Transfer Tax Inter-Family Transfer Exemption
• Real Property Transfer Tax Marriage Breakdown Exemption
• Real Property Transfer Tax Wholly Owned Corporation Exemption

In addition, there are certain situations where the registration of a deed of conveyance may be exempt from the Real Property Transfer Tax. These include:

• estate transfers;
• corporate transfers;
• trust/trustee transfers;
• mortgage transfers;
• transfers of property to the Crown, municipality or to a non-profit organization; or
• non-arms-length transactions such as Deeds of Correction.

Who should I contact if I have questions about Real Property Transfer Tax exemptions?

Taxation and Property Records

Phone: (902) 368-4070

Fax: (902) 368-6164

Email: taxandland@gov.pe.ca