Real Estate

Costs for transferring home ownership?

  • Last Updated:
  • Aug 16th, 2019 12:48 pm
[OP]
Jr. Member
Jul 21, 2019
169 posts
210 upvotes

Costs for transferring home ownership?

Wondering if anyone knows the costs associated with transferring ownership of a home. No money exchanged or anything, just the home will be going from one person's name to another.
Will there be taxes that need to be paid for both people or one, or will there be any other big costs for it?
1 reply
Deal Fanatic
User avatar
Mar 23, 2008
9830 posts
6187 upvotes
Edmonton
Brandon26 wrote:
Aug 16th, 2019 12:37 pm
Wondering if anyone knows the costs associated with transferring ownership of a home. No money exchanged or anything, just the home will be going from one person's name to another.
Will there be taxes that need to be paid for both people or one, or will there be any other big costs for it?
You need to talk to an accountant in your area. It’s very situationally dependent.

C

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