Mutation Rights

Duties on Transfers of Immovables

The duty of transfers of immovables is calculated on the greater consideration of either the property price of sale paid or the municipal valuation according to the following rates:

On that part of the basis of imposition

Rate

• The first $62,900: 0.5%
• The amount which exceeds $62,901 but does not exceed $315,000: 1.0%
• The amount which exceeds $315,001 but does not exceed $500,000: 1.5%
• The amount which exceeds $500,001: 3%

Duties on transfers of immovables:

Payable within thirty (30) days of the mailing of the tax bill by the Village of Senneville.