Clients often ask whether I can keep the price they are paying for their home off the title record. The main reason is for privacy. They don’t think it is anybody’s business but theirs. You can do it if you pay the land transfer tax in advance. The tax is usually paid by your lawyer, but you can do it yourself. If that’s the case, you must include these documents with your request: A cover letter from the lawyer; A copy of the original agreement of purchase and sale; The draft deed to be registered on closing; A copy of ...
How to keep you homeâ€™s purchase price secret
November 10, 2014
October 21, 2010
I am pretty sure that during your life, you have seen a couple of seemingly flawless houses with the ‘for sale’ sign. That would be completely fine, if the sign was not there for too long. Have you ever thought about why these homes, even though absolutely beautiful, do not sell? If you think it is because of their location, you may be partially right. Sometimes the house may be just astonishing, but if it is too far from any facilities or the surrounding environment is not very pleasant, the quality of the property itself may be irrelevant. But as ...