Judth A.Piccolo Notary Corporation

Judith A. Piccolo Notary Corporation

Real Estate Lawyers

First-time Homebuyers

First-time homebuyer’s may qualify for a full or partial exemption of the property transfer tax. The purchase price along with other criteria such as the following determines the amount of tax and eligibility requirements;


  • Must be a Canadian citizen or permanent resident status
  • Must be a first-time buyer
  • Must have resided in British Columbia for 12 months prior to the purchase
  • Must never have owned a principle residence anywhere in the world in the past
  • Full exemption for properties priced $425,000 or less (subject to change without notice)
  • Partial exemption for properties priced $425,000-$450,000

See our Resources page for more information on Property Transfer Tax (PTT), joint tenant and tenants-in-common ownership, the Strata Property Act and non-resident clearance certificates.

Contact Us

phone: 604-534-0144
fax: 604-534-7985


20416 Douglas Crescent,
Langley, BC, V3A 4B4

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