We have been advised by the Town of Mahone Bay that Deed Transfer Tax will be increasing from 1.25% to 1.5% effective August 1, 2019. However, documents executed, or agreements entered up to and including July 31, 2019 will attract Deed Transfer Tax at old the rate of 1.25%.
So, for instance, imagine that you have been thinking about making an offer on a house in Mahone Bay with a purchase price of $300,000 and a closing date of September 30, 2019. If the Agreement of Purchase and Sale is dated July 31, 2019, Deed Transfer Tax payable to the Town on closing will be $3,750, but if the Agreement is dated August 1, 2019, the Deed Transfer Tax payab...
We are very excited announce the addition of Lindsay Malloy to the MacLeod Webber, in her new capacity as Articled Clerk. Lindsay worked with us last year as a summer student, and we are thrilled to have her join our team on a permanent basis.
Over the next year, we will want to ensure that Lindsay has an opportunity to observe and participate in as many facets of our practice as possible, so with our clients' permission, she will be joining Tabitha and I in meetings and performing client work under our supervision. If all goes as expected, in June of 2020, she will be called to the Nova Scotia Bar as a practicing lawyer.
The summer has been rolling along at a breakneck pace here at MacLeod Webber.
We were happy to cut our first cheque to the United Way of Lunenburg County earlier this month, to honour the first $800 of our second anniversary pledge. We will be cutting a supplementary cheque at the end of August, as more purchase and sale files opened in July reach a successful close.
We had a great time at the Fresh Air Film Festival at Shipyard's landing on Friday. Our firm sponsored the screening of Coco, and offered free sugar skull face painting (our thanks to Five Little Monkeys face painters, who did a phenomenal job). We also provided a very resilient pinata,...