Property transfer context
Plan closing funds with current provincial information.
Alberta registers land transfers and mortgages through its Land Titles system and charges registration fees. Use the province's current fee schedule or calculator rather than relying on an old rule of thumb when preparing closing funds.
Buyer considerations
Questions specific to the purchase.
- Ask a lawyer for a property-specific closing estimate, including current Land Titles charges.
- Budget for heating, insurance, property tax and maintenance using the actual property—not a national average.
- Treat an approval ceiling as different from a comfortable ownership budget.
- Check federal first-home programs separately; eligibility is not created by living in Alberta.
Frequently asked questions
Does Alberta have a land transfer tax?
Alberta's Land Titles system charges fees to register transfers and mortgages. Confirm the current calculation with the official province source and your lawyer.
Should I use every dollar for the down payment?
Not by default. Closing costs, immediate repairs and an emergency reserve may be more valuable than a slightly larger down payment.
Official resources