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Every parcel of land in Nova Scotia is required to be migrated. Three events trigger migration: selling your land, mortgaging your land, or subdividing your land into three or more lots. Migration provides a guarantee to the landowner, subject only to any disclosed outstanding interests.

Newfoundland Registration of Deeds and Prescribed (RDP) Fees Property Registration FeeFeeFirst $500$100 base$500 +$0.40 / $100Mortgage Registration FeeFeeFirst $500$100 base1 more row

In Nova Scotia, the land registration process has changed, and that has created a need for migration. Migration is where properties are moved from the old registration system to the new one. If you want to sell or refinance your home or property, you may first need to go through the migration process.

It is paid by the buyer and is due as part of the closing costs. It must be paid to registering the property's transfer. Deed Transfer Tax is calculated based on the purchase price or assessed value of the property. Each municipality charges a different percentage ranging from 0.5% to 1.5%.

The deed transfer tax within the boundaries of the Halifax Regional Municipality is 1.5 percent of the purchase price of the property. Deeds must be registered within 10 days of acquiring the title at Registry of Deeds.

How much does it cost to convert a property to the land registration system? There is a $100.00 registration fee for converting a property ? in addition the government charges the same document filing fee for converted and unconverted properties.

Deed Transfer Tax In most Nova Scotia Municipal Units, there is a tax on the transfer of land, payable to that Municipality. This link provides a listing of each Municipal Unit, whether or not it collects a deed transfer tax and if so, what the rate is.

Nova Scotia Provincial Deed Transfer Tax (PDTT) The PDTT is a 5% tax levied on the purchase price or the property's assessed value (whichever is greater).

Examples of a deed are deeds of hypothecation for creating charge on movable properties in favour of the banks/financial institutions etc. An agreement by its name suggests that there should be at least two parties signing/approving the same. Examples of an agreement are agreement to sale, loan agreement etc.

Service Nova Scotia Fees: Registration/ Recording fees are prescribed by the Province of Nova Scotia. You will be required to pay $100.00 to register your Deed and an additional $100.00 to register your mortgage.