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Advertisement - Second Reading Deed Transfer Tax By-Law

NOTICE

MUNICIPALITY OF THE DISTRICT OF BARRINGTON

SECOND READING DEED TRANSFER TAX BY-LAW

Barrington Municipal Council is considering the adoption of a Deed Transfer Tax By-law. A Deed Transfer Tax is a tax that is levied on the transfer of real property which is payable at the time of conveyance of the title. The Deed Transfer Tax is paid at the Registry of Deeds Office when the property is being registered. The Registry of Deeds collects the tax and then forwards it to the Municipality where the property is located. The Municipality is proposing that a Deed Transfer Tax of 1.5% be charged on the value of property transferred.

A copy of the proposed by-law may be inspected at the Municipal Office, in the Administrative Centre, located at 2447, Highway #3, Barrington, N.S., between the hours of 8:30 a.m. to 4:30 p.m., Monday to Friday.

Any representation by interested persons concerning the adoption of the proposed Deed Transfer Tax By-law may be made at the October 2, 2017 Council meeting which will be held in the Council Chambers, in the Administrative Centre, in Barrington, N.S. The adoption of this by-law will be discussed at 7:00 p.m.

 

Rob Frost

Chief Administrative Officer

PH: 902-637-2015

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