Land Titles Fee Increased January 1, 2020
The Alberta Land Titles office have doubled land transfer registrations costs are doubling and mortgage registrations have increased by 50%
What does this mean for you and your client’s? Well our legal accounts will be increasing as a result of this disbursement.
On an average land titles value of $500,000.00 the disbursement will increase by $100.00 for a transfer of land and for a $500,000.00 mortgage the disbursement will increase by $50.00
I’ve created a chart for your reference.
Table of land titles fees increase
Amount Prior Transfer Chg new Transfer Chg Prior mortgage chg new mortgage chg
$100,000.00 $ 70.00 $ 90.00 $ 70.00 $80.00
$150,000.00 $ 80.00 $110.00 $ 80.00 $95.00
$200,000.00 $90.00 $130.00 $ 90.00 $110.00
$250,000.00 $100.00 $150.00 $100.00 $125.00
$300,000.00 $110.00 $170.00 $110.00 $140.00
$350,000.00 $120.00 $190.00 $120.00 $155.00
$400,000.00 $130.00 $210.00 $130.00 $170.00
$450,000.00 $140.00 $230.00 $140.00 $185.00
$500,000.00 $150.00 $250.00 $150.00 $200.00
$550,000.00 $160.00 $270.00 $160.00 $215.00
$600,000.00 $170.00 $290.00 $170.00 $230.00
$650,000.00 $180.00 $310.00 $180.00 $245.00
$700,000.00 $190.00 $330.00 $190.00 $270.00
$750,000.00 $200.00 $350.00 $200.00 $295.00
$800,000.00 $210.00 $370.00 $210.00 $310.00
$850,000.00 $220.00 $390.00 $220.00 $325.00
$900,000.00 $230.00 $410.00 $230.00 $350.00
$950,000.00 $240.00 $430.00 $240.00 $365.00
$1,000,000.00 $250.00 $450.00 $250.00 $390.00