The transfer duties of immovables are established accordingly to the Act respecting duties on transfers of movables (R.S.Q., c. D-15.1, chapter II, Section I).
The municipality must collect duties on the transfer of any immovable located within its territory, computed in relation to the basis of imposition established according to the following rates:
- 0.5 % on the first 50 900 $;
- 1.0 % on the portion included between 50 900,01 $ and 254 400,00 $;
- 1,5 % on the portion included between 254 400,01 $ and 500 000,00 $;
- 2,0 % on the portion included between 500 000 ,01 $ and 1 M $;
- 2,5 % on the portion exceeding 1 M $.
SPECIAL DUTIES
Special duties are a form of compensation in lieu of transfer duties that are billed to buyers whose transaction is exempted. The Act respecting duties on transfers of immovable, R.S.Q., chapter D-15.1), sets the amount of the special duties in accordance with the transferred values:
If a new owner is exempt from payment of the land transfer duty, a municipality may collect a supplementary tax. This right cannot be collected in addition to the land transfer duty.
| Property Value |
Amount to pay |
| Immovables less than 5 000 $ |
None |
| Immovables between 5 000 $ and less than 40 000 $ |
Special duties equal to the tax base at the rate of 0.5% |
| Immovable of $40 000 or more |
200.00 $ |
