RealtiWeb Update for the NRST and LTT

Prescribed Information Form for the Purposes of Section 5.0.1 (Land Transfer Tax Act) and Non-Resident Speculation Tax

Updates have been made to RealtiWeb for purchase transactions. The following areas are affected.

The Land Transfer Tax Affidavit and LTT Screen
Trust Statement and Closing Funds Summary Screens
New Documents have been added:

  • Land Transfer Tax - Prescribed Information for the Purposes of Section 5.0.1 (“PIPS”)

  • Land Transfer Tax - Authorizing or Cancelling a Representative

  • Municipal Land Transfer Tax - Authorizing or Cancelling a Representative

Existing Documents affected:

  • Trust Statement - Separate Clauses

  • Condominium Retainer Letter (New Home)

  • Purchaser - Initial Letter

If you have customized any documents for your firm that uses this information, you may wish to revise them accordingly. 

For complete information on how this impacts you in RealtiWeb, view the support memo after you login.

Real Estate, RealtiWebMarketing AdminUpdates, RealtiWeb, Ontario, NRST, PIPSComment