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Keeping You Informed: Real Estate News & Information

Changes to the Property Transfer Tax PDF Print E-mail
Category: First Time Home Buyers
Tuesday, 26 February 2008

As of February 20, 2008, first-time buyers can purchase a home priced up to $425,000 without paying the Property Transfer Tax (PTT). The previous ceiling was $375,000. Buyers of homes priced up to $450,000 can claim a proportional exemption. This is the third consecutive budget that has increased the PTT first-time buyer exemption price threshol Read more...

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