Скачать или смотреть Land Title Fees in Alberta EXPLAINED (Don’t Get Surprised!) 🏡💸 Jerry Moras | Alberta

🏡 Land Title Transfer Fee (Based on Property Price)
This is the cost to register the change of ownership with the Alberta Land Titles Office.

Formula:

$50 + $2 for every $5,000 (or part thereof) of the property’s purchase price

🔹 Examples:
Purchase Price Calculation Fee
$300,000 $50 + (300,000 / 5,000) × $2 = $50 + $120 $170
$500,000 $50 + (500,000 / 5,000) × $2 = $50 + $200 $250
$750,000 $50 + (750,000 / 5,000) × $2 = $50 + $300 $350
$1,000,000 $50 + (1,000,000 / 5,000) × $2 = $50 + $400 $450

💰 2. Mortgage Registration Fee (If Applicable)
If you're taking a mortgage, the lender requires you to register the mortgage on the property title.

Formula:

$50 + $1.50 for every $5,000 (or part thereof) of the mortgage amount

🔹 Examples:
Mortgage Amount Calculation Fee
$300,000 $50 + (300,000 / 5,000) × $1.50 = $50 + $90 $140
$500,000 $50 + (500,000 / 5,000) × $1.50 = $50 + $150 $200
$750,000 $50 + (750,000 / 5,000) × $1.50 = $50 + $225 $275

📑 3. Title Insurance (Optional but Often Recommended)
Typically ranges from $200 to $400 for homeowners.

Protects against fraud, title defects, or errors in the public record.

🧾 4. Lawyer or Conveyancer Fees (Required for Registration Process)
Legal fees in Alberta for conveyancing typically range from $900 to $1,500, depending on complexity.

Includes:

Document preparation

Title and tax searches

Registration filing with Land Titles

💡 Example: Full Registration Cost for a $500,000 Home with $400,000 Mortgage
Item Amount
Land Title Transfer Fee $250
Mortgage Registration Fee $170
Title Insurance (optional) $300
Legal Fees (approximate) $1,200
Total (estimated) $1,920

✅ Final Tips
These costs are one-time fees payable during closing.

Alberta has no land transfer tax, unlike provinces like Ontario or BC — a big advantage for buyers.

Check with your lawyer or conveyancer to confirm exact fees.