Mutation rights

Duties on Transfers of Immovables

The duty of transfers of immovables is calculated on the greater consideration of either the property price of sale paid or the municipal valuation according to the following rates:

On that part of the basis of imposition

Rate

• Which does not exceed $58,900: 0.5%
• In excess of $58,900 without exceeding $294,600 : 1.0 %
• In excess of $294,600 without exceeding $500,000 : 1.5 %
• In excess of $500 000 without exceeding $1 000 000 : 2 %
• In excess of $1 000 000 without exceeding $3 000 000: 2.5 %
• In excess of $3 000 000 : 3 %

Duties on transfers of immovables:

Payable within thirty (30) days of the mailing of the tax bill by the Village of Senneville.