Closing Costs Upon Selling Real Estate in British Columbia

Real Estate Commission

As agreed upon in our MLS Listing Contract.

Strata Lot Owners Only

Eventual special levy

Lawyer or Notary Fees & Expenses

Cost of execution of legal documents

Cost of clearing title including discharge fees charged by encumbrance holders

Mortgage Costs/penalties

Cost (if any) of mortgage prepayment penalties or porting onto another property.

Goods and Service Taxes (Gst - 5%)

Applied to all related services (i.e. real estate commission, Lawyer/Notary)

Applied to New Homes - Rebate may be available - For more information see the website: Canadian Customs and Revenue -GST/HST New Housing Rebate

Legal/Notary Fees $ _______________
Eventual Mortgage Penalties $ _______________
Real Estate Commission $ _______________
GST (On Commission) $ _______________
Moving Costs $ _______________
Portion of City Property Tax Payable 
(if not yet paid)
$ _______________
   
Total Cash Required for Closing $ _______________
   

Seller Estimated Cost of Selling:

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