Definitions for "property transfer tax"
A fee paid by the purchaser of a property to the government agency regulating real estate in that jurisdiction upon completion of the transfer of title of that property.
A fee paid to the BC Provincial government for the transferring of property from Seller to Buyer. The rate is one per cent on the first $200,000 of the fair market value plus two per cent on the remainder.
Payment to the provincial government for transferring property from the seller to the buyer. However, first-time buyers are exempt under certain circumstances.
a tax on the sale of your home or real property and is paid at the time of the closing of the sale
All property sales, whether pre-owned or new, are subject to this tax. It is currently in the region of 6% but some autonomous communities have their own rates and conditions.
A tax on the purchase of property, based on 1% of the first $200,000 and 2% of the balance of purchase price.