New Brunswick applies a flat 1.0% Real Property Transfer Tax on every registered property transfer. The tax is calculated on whichever is greater: the purchase price or the assessed value at the time of transfer.
How it’s applied
- Rate: flat 1.0%
- Basis: greater of purchase price or assessed value
- Exemptions: transfers between spouses, certain corporate reorganizations, nominal-consideration gifts to family
There is no tiered bracket structure or FTB rebate in New Brunswick’s RPTT.