| Real Estate Information | 17 Feb 2008 12:00 AM |
| Land Tranfer Tax Refund Program by Dan Lajeunesse | |
Land Transfer Tax Refund Program expanded to include first-time buyers of resale homes
The Ontario goverment recently announced the expansion of the Land Transfer Tax Refund Program to include purchases of resale homes.
Effective December 13, 2007, first-time buyers of resale homes, as well as newly constructed homes, would be eligible for a refund from the provincial government of up to $2000.00 of the Land Transfer Tax paid.
"Expanding this Land Tranfer Tax refund is an importnat part of our government's commitment to helping Ontarian s buying their first home," said Finance Minister Dwight Duncan.
For more information visit www.fin.gov.on.ca
