Alberta’s new Provincial Government has officially announced that it will cancel the plans of the previous government to increase Land Titles fees.
We have had many clients calling our office worried about the proposed fee increases and the impact that these fees would have on the cost of real estate transactions. The fees were set to increase on July 1, 2015 and would have increased Land Titles costs by about 600%. We were happy to read the announcement from the Government confirming that they are not proceeding with these increases. Thus, the cost for a real estate transaction will remain the same, for the time being.
You can read the Government’s announcement here
Please contact KH/Dunkley Law Group for all of your real estate needs. We specialize in residential and commercial real estate and aim to provide our clients with effective, professional and cost efficient legal services.