Also known as "welcome tax (taxe de Bienvenue)", the property transfer fees requires you to pay a registration fee when you acquire real property. This tax was established under the
Act respecting duties on transfers of immovables.
You can be exempted if you comply with the conditions set out in the Act respecting duties on transfers of immovables., which we invite you to consult.
Duties on transfers of immovables are payable in a single payment 30 days after the invoice is sent by Ville de Laval.
Property Transfer Fees Calculation
Since 2018, property transfer fees is calculated differently. The bracket amounts used in calculating the transfer fees will be indexed annually based on the Consumer Price Index for Quebec. Moreover, municipalities may now apply a greater rate than that set in the past for each tax bracket exceeding $0.5 M.
The City of Laval has decided to apply the rate of 2.0% for the $0.5 M. - to - $1 M. bracket and the rate of 3.0% for the bracket exceeding $1 M. Thus, for 2022, property transfer fee rates will be calculated as follows:
- 0,5% on the tax base for the first $53,200
- 1,0% on the tax base in excess of $53,200 but not exceeding $266,200
- 1,5% on the tax base in excess of $266,200 but not exceeding $528,700
- 2,0% on the tax base in excess of $528,700 but not exceeding $1 057,400
- 3,0% on the tax base in excess of $1 057,400
Example of how to compute the property transfer tax on a $300,000 property:
The first $53,200
|$53,200 x 0,005 =|
|$53,200 - $266,200||$213,000 x 0,010 =||$2,130,00|
|$266,200 - $528,700||$33,800 x 0,015 =||$507,00|
The basis of imposition for transfer duties shall be the greatest of the following amounts:
- The amount of the consideration furnished for the transfer of the immovable. This is usually the real amount paid for the immovable.
- The amount of the consideration stipulated for the transfer of the immovable, which is found at the end of the bill of sale.
- The amount of the market value of the immovable at the time of its transfer, meaning its value as entered on the assessment roll multiplied by a factor established pursuant to the provisions of section 264 of the Act Respecting Municipal Taxation.
Sometimes, the transfer of an immovable or a property is exempt from the payment of transfer duties. In this case, Ville de Laval imposes special duties, namely the payment of an amount compensating for the uncollected tax.
The Act fixes the special duties at $200. However, where the basis of imposition is less than $40,000, the amount of the special duties is equal to the amount of the transfer duties.
Furthermore, the law allows municipalities to not levy special duties in specific cases; mainly, when the transfer of property is carried out between members of the same family (persons covered under the definition of Section 20d) and this following the death of the owner.
More information in French.