| 1) | Legal Fees: $________ Shop around if you do not have a lawyer who specializes in Real Estate. |
| 2) | Disbursements: Inlcudes obtaining City Tax Certificate, City Zoning Reports, City Engineering Report, Sheriff's Certificate, Registry Office searches, registering deed, registering mortgage, copies, postage, long distance calls, title insurance, etc. |
| 3) | Land Transfer Tax: The formula for calculating in ONTARIO is: 0.5% on the first $55,000 Plus 1% of the amount from $55,001 - $250,000 Plus 1.5% of the amount in excess of $250,001 to $400,000 Plus 2% of the amount in excess of $400,000 The formula for calculating in TORONTO is: 0.5% on the first $55,000 Plus 1% of the amount from $55,001 to $400,000 Plus 2% of the amount in excess of $400,000 |
| 4) | Survey: If no recent survey is available, a new one will cost approximately $1,200 - $1,500. Fees for larger and recreational properties will vary and could exceed average prices. Individual quotes are suggested. |
| 5) | Adjustments: This could be monies owing or owed for such things as pre-payment of taxes, hydro, gas, fuel oil, etc. |
| 6) | Home Inspection: If oyu elect to have one, it will cost a minimum of $400.00 |
| 7) | Arranging the Mortgage: Usually an appraisal fee of about $200.00 plus an administration fee of about $200-$300. A new survey may also be necessary. |
| 8) | The Move: Can vary greatly depending on the method you use (i.e. renting your own truck, packing yourself, having professional movers do the whole move, etc.) |