Sometimes when I look at ads for condos for sale it says that taxes are paid by the seller or taxes 50/50. What taxes is this?

Sometimes when I look at ads for condos for sale it says that taxes are paid by the seller or taxes 50/50. What taxes is this?

No need to pay tax while buying . I think will have to pay while transfering and stuff.

Cheers

Not sure why you didn't post this in the Real Estate sub-forum (?) but all you need to know you can find by:

* go the search link top right this page

* select advanced search

* insert key words "property transfer fee" "property transfer tax" etc

* select search thread titles only

* select real estate forum only

* hit enter

There it is