Alberta Land Titles Fee Increases: What You Need To Know Before October 20, 2024

The Government of Alberta has officially announced that the fee increases outlined in its spring budget will take effect on October 20, 2024. These changes will have a significant impact on real estate transactions as amendments to the Land Titles Act and the Tariff of Fees Regulation come into force.

While the flat fee of $50 for land transfers and mortgage registrations will remain unchanged, the more critical aspect of the new regulations is the adjustment to the variable fee structure, which is now being replaced by a levy.

Key Fee Changes to Know

1. Transfers of Land:
   • The variable fee, which was previously $2 per $5,000 of property value, will increase to $5 per $5,000.