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

 

The Seller in a real estate transaction is not required to pay any Land Transfer Tax. However, the Seller’s responsible to pay for certain disbursements incurred by their lawyer such as:

 

 Registration of a Discharge of Mortgage
  $50.00
 Transaction Levy
 $50.00
 Couriers, photocopies, postage, closing agent   $75.00


For a typical sale (one mortgage to discharge), a Seller should budget about $175.00 for disbursements.  There will also be further costs for adjustments and legal fees.