Hi
I am about to buy a house in BC and there is a waiver for the property transfer tax in BC if you are resident for more than 1 year.
My question is that is there proof of residence required and is it really checked up on. What is the penalty for wrongful declartion.
Would be very helpful to know.
Thanks
Quote:
Originally posted by dindin_4
Hi
I am about to buy a house in BC and there is a waiver for the property transfer tax in BC if you are resident for more than 1 year.
My question is that is there proof of residence required and is it really checked up on. What is the penalty for wrongful declartion.
Would be very helpful to know.
Thanks
-----------------------------------------------------------------
Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Thanks for the reply.
Do I have to prove residence in BC, if yes what proof would be required.
As i came in 5 days before my closing date but don't have proof till beginning of the next month.
Quote:
Originally posted by dindin_4
Thanks for the reply.
Do I have to prove residence in BC, if yes what proof would be required.
As i came in 5 days before my closing date but don't have proof till beginning of the next month.
-----------------------------------------------------------------
Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
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