If you're buying your first home in Prince Edward Island, this program waives the Property Transfer Tax on your property purchase.
In order to qualify, you must meet the following criteria:
Must be a Canadian citizen or permanent resident
Must be at least 18 years of age
Must maintain dwelling for a period of six months immediately before registration date
Has not previously obtained a First Time Home Buyers Exemption
Has not previously owned property
Must be subject to clause 3(a) of the Income Tax Act
and has filed a return in at least two of the six taxation years immediately preceding registration
Property owners must sign an oath stating their eligibility.
How to Apply