Home Buyer Closing Costs Purchase Disbursements
Disbursements on Purchase PDF Print E-mail

 

In addition to the payment of Land Transfer Tax, Buyers are responsible to pay for certain disbursements incurred by their lawyer in respect of various certificates, searches and registrations. Examples of such approximate disbursements are as follows:

 

Registration of Deed
 $  50.00
Registration of Mortgage
 $  50.00
Municipal and utility searches OR title insurance  $270.00
Abstract of Title & Execution Certificate  $150.00
Transaction Levy  $  50.00
Couriers, photocopies, postage, closing agent  $  75.00




                                          
             
                       
                                                      
               

 

 

 

 

For a typical purchase (including one mortgage), a Buyer should budget about $650.00 for disbursements.  There will also be further costs for adjustments, land transfer tax and legal fees.


Note Costs May Vary in Different Trading Areas