Fallow Gould LLPKingston, ON · October 18, 2025Understanding the First Dealings Exemption in Real Estate
Estate Planning for reducing tax on death Did you know that your home might qualify for a unique exemption from probate tax? This exemption—known as the First Dealings Exemption—doesn't relate to the homeowner's age or the age of the property. Instead, it is tied to the digitization of property records that began in 1997. What is the First Dealings Exemption? The First Dealings Exemption applies to certain properties purchased under the old Registry system that have not changed ownership...
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