Prince Edward Island

Real Estate lawyers in Charlottetown

1 lawyer whose firm covers real estate work in Charlottetown. Each lawyer was checked on their provincial law society's public directory before being listed — check again before you hire, as people move firms. Browsing Lawvoo is free.

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Real Estate lawyers serving Charlottetown

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D. Shannon Farrell, KC · Partner · Real Estate · Charlottetown

80 Grafton Street, Suite 200, Charlottetown, PE C1A 7L9

Partner in the Charlottetown office with a focus on family law, administrative law and litigation, and training in mediation and collaborative practice. The firm also covers personal injury, employment law for employees and employers, home purchases and sales, and wills and estates.

24+ years experienceView profileRequest a callback

About real estate law in Prince Edward Island

Buying and selling homes and condos, mortgages, title problems, and landlord and tenant matters. In Prince Edward Island the buyer pays real property transfer tax of 1% when the deed is registered, and first-time home buyers who qualify are exempt. People who do not live on the Island need permission to buy larger pieces of land.

  • Real property transfer tax is 1% of the greater of the purchase price and the assessed value — $3,500 on a $350,000 home. No tax is payable where that figure is $30,000 or less.
  • First-time home buyers are exempt if they are Canadian citizens or permanent residents, have lived in PEI for at least six months (or filed PEI income tax returns in two of the last six years), have never owned a principal residence, and live in the home for at least 183 days in a row.
  • The Registry of Deeds charges a fee for the deed and again for the mortgage, from $77.25 to $463.65 depending on the value. At $200,000 or more it is $463.65.
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Common questions about real estate lawyers in Charlottetown

How much is the transfer tax on a home in Charlottetown?

Real property transfer tax is 1% of the greater of the purchase price and the property's assessed value — $3,500 on a $350,000 home. No tax is payable where that figure is $30,000 or less. It is paid when the deed is registered with the Registrar of Deeds.

Do first-time buyers pay the transfer tax in Prince Edward Island?

Not if they qualify for the first-time home buyers exemption. You must be a Canadian citizen or permanent resident, have lived in PEI for at least six months before registration (or have filed PEI income tax returns in at least two of the last six years), never have owned a principal residence, and live in the home for at least 183 days in a row after the deed is registered.

Can someone from outside Prince Edward Island buy land there?

Yes, but with limits. Under the Lands Protection Act a person who is not a resident of PEI needs permission from the provincial government to hold more than five acres of land or more than 165 feet of shore frontage. The Island Regulatory and Appeals Commission reviews the applications.

Where are landlord and tenant disputes in Charlottetown dealt with?

The Residential Tenancy Office, also called the Rental Office, resolves disputes between tenants and landlords under the Residential Tenancy Act. Its orders can be appealed to the Island Regulatory and Appeals Commission.

Are the real estate lawyers listed for Charlottetown licensed?

To practise law in Prince Edward Island a lawyer must be a member of the Law Society of Prince Edward Island. You can look up practising lawyers in the Law Society's online lawyer directory to verify their status, and it publishes discipline case summaries. Each lawyer on these pages was checked in the directory before being listed, but people move firms, so check again before you hire. Complaints about a lawyer go to the Law Society, in writing.

Listings are provided for information only and are not legal advice or a recommendation. Always check a lawyer in the Law Society of Prince Edward Island's lawyer directory before hiring them. Looking for a different area? Browse all practice areas.