ACT RESPECTING DUTIES ON TRANSFERS OF IMMOVABLES
chapter D-15.1
Duties on the transfers of immovables
(commonly known as: Welcome taxes)
The duties on transfers of immovables, is an amount that all municipalities in Quebec must collect when an immovable located on its territory is transferred. These duties are billed separately from the municipal tax bill and are payable by the buyer in a single payment 30 days following the date of the invoice.
Important information concerning property transfer duties:
Has the immovable you are acquiring been registered at the Quebec registry office (registre foncier du Quebec)?
If YES: You will receive your transfer duty tax by mail. It will be mailed to the address of the immovable acquired, unless otherwise stipulated.
If NO: It is your responsibility to remit the form ‘divulgation des transferts d’immeubles non-inscrits au registre foncier’ found below, to the municipality within 90 days of acquisition*.
Disclosure form for an immovable located in a campground
Disclosure form for all other immovable
* Please note that if the form is not remitted to the municipality within the delay, Revenu Québec will impose an additional duty equal to 150% of the transfer duty on a transferee (buyer) who fails to file the disclosure notice.
Transfer duty calculations:
The transfer duties are imposed on the greater value of the following amounts:
– the amount of the consideration furnished for the transfer of the immovable (purchase price);
– the amount of the consideration stipulated for the transfer of the immovable;
– the amount of the market value of the immovable at the time of its transfer (municipal evaluation)
Once you determine the imposed amount, follow the bracket calculations to find out how much you can expect to pay in transfer duties.
Median proposition 2024 : 100%
Comparative factor 2024 : 1.00
Bracket amounts for 2024:
First – $0 to $58,900 at a rate of 0.5%.
Second – $58,900 to $294,600 at a rate of 1%.
Final – $294,600 and over at a rate of 1.5%.
Please contact the municipal office if you have additional questions concerning property transfer duties.