Salt Spring Island Real Estate Buyers Guide It's time to Escape to Salt Spring Island British Columbia
Scott Simmons

Escape to Salt Spring


Gulf Island Lawyers

Notice of BC real estate taxes;

In BC you have to pay the Provincial Property Transfer Tax (buyer pays) which is 1% of the first $200,000 and 2% on the balance.

Goods & Services Tax is federal tax, payable on all newly created building parcels, new homes, and certain properties held for resale, is calculated at the rate of 6% (will be lowered to 5% in 2008) on the purchase price and is collected and remitted to Revenue Canada by the conveyancing (escrow) lawyer. Most properties, particularly homes, on Salt Spring, will not be subject to GST.

Customary Closing cost;

Seller

Lawyer or Notary Fees and Expenses
- attending to execution of documents

Cost of clearing title, including:
- discharge fees charged by encumbrance holders (mortgage)

Real Estate commission

Goods and Services Tax

Buyer

Lawyer or Notary fees and Expenses:
- searching title,
- investigation title,
- drafting documents,
- Land title Registration fees

Survey Certificate (if required)

Cost of Mortgage, including:
- mortgage company's Lawyer/notary
- appraisal (if applicable)
- Land Title Registration fees

Fire Insurance Premium

Sales Tax (if applicable)

Property Transfer Tax

Goods and Services Tax

 

Some Salt Spring Island Lawyers or Salt Spring Island Barrister & Solicitor

Clement, Ian H
Lawyer
Tel 250-537-5505
Fax 250-537-5099

Elizabeth, Joanne
Lawyer
Tel 250-537-0737
Fax 250-537-0720

Filkow, Sidney
Lawyer
Tel 250-538-9596
Fax 250-537-9574

Joyce, Paul B
Lawyer
Tel 250-537-4413
Fax 250-537-5120

McKimm & Lott
Lawyers
Tel Sidney BC 250-656-3961
Tel SSI 250-537-9951

Pasuta, James D
Lawyer
Tel 250-537-9995
Fax 250-537-9975




This is list of Salt Spring Island Lawyers you could use for your real estate transaction. You may already have a BC Lawyer and that is fine. I do not guarantee or endorse any of the above Lawyers.

Cheers

Scott Simmons

 

 
Text Message Scott
250-538-8316




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Scott Simmons
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Cell: (250)538-8316

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Salt Spring Island

Scott Simmons
Salt Spring Island and Gulf Islands real estate agent for
 
One Percent Realty Vancouver Island
2541 A Empire Street
Victoria, B.C. Canada V8T 3M3
Tel 250-220-8600
Fax 250-388-7382

Salt Spring Island, Mayne Island, Pender Island, Galiano Island and Saturna Island REALTOR®

 SSI has very poor cell phone coverage, call answering on my cell phone
 does not work.
To leave me a message please use text messaging
Cell 250-538-8316
fax number 866-778-6376

Email scottonepercent-website@yahoo.com
this is a spam protected e-mail address

One Percent Realty Ltd.

This site is a DIY by Scott Simmons, who apologizes for any spelling or grammatical errors. If you can think of anything that would make it easier to use send me a note. Thanks Scott.

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