Sample Calculation of Fees and Disbursements
Legal Fees for Agreement of Purchase:
$525.00+(HST)
Administrative Charges: Photocopies, Courier, faxes, etc...
$30.00 (+HST)
Compliance Letter: (St. John's and Mount Pearl) Vendor to Provide
$100.00
Sheriff's Search (Per Name Searched)
$25.00 per search
Title Search
$140.00
Registration of Deed
(Ex: If Mortgage = $100,000, registration costs $451.00)
Purchase Price x .004+$51.00
Registration of Mortgage
(Ex: If mortgage=$97,500, registration cost $441.00)
Mortgage Amount x .004+$51.00
Tax Adjustments: (Depends on Municipality) Proated from the day of Purchase to June or
December
Oil Adjustments: Oil tank is topped and a full tank of oil is added to the Purchase Price
Rental Adjustments
Survey and Real Property Report:
Minimum of $540.00
Legal Fees for The Sale of a Real Property:
$250.00 (+HST)
Tax Certificate:
$50.00
Charges to Release the Mortgage:
$51.00
NOTE: THESE FEES ARE ESTIMATED AND ARE NOT GUARENTEED. THEY ARE SUBJECT TO CHANGE AT ANY TIME AND SHOULD BE USED AS AN APPROXIMATE GUIDE ONLY |