Thursday, August 22, 2019
The Property Transfer Tax (PTT) is a land registration tax paid by a home buyer when a title is registered at the Land Title Survey Authority. There are some exemptions. Learn how much PTT you need to pay by reading this fact sheet.
Wednesday, April 3, 2019
This fact sheet provides a summary of bylaws and policies for secondary suites located within primary residences, auxiliary suites above garages, small garden suites, and coach houses (not laneway homes).
Wednesday, February 6, 2019
If a home is more than 60 years old, home owners may refer to it as having character merit or as “heritage”, regardless of how well it has been preserved or how much it has been altered over the years. Check out this fact sheet to learn more about how heritage status could affect your home.
Thursday, September 6, 2018
The five per cent Goods and Services Tax (GST) applies to the sale of some home sales in BC. Find out if GST applies to you by using this handy fact sheet.
Thursday, May 31, 2018
Licensing and Consumer Services is a branch of BC Housing, a provincial government agency, established to improve the quality of residential construction and strengthen protection for new home buyers. Learn more about Consumer Services in this fact sheet.
Wednesday, February 7, 2018
Under the Canadian Bank Act, the federal government requires federally regulated financial institutions to insure high-ratio mortgages – less than a 20 per cent down payment – against default. Understand mortgage insurance by using this fact sheet.