| Land Transfer Tax Land transfer tax is imposed on the acquisition of an interest in land by registered conveyance or unregistered disposition.
Every person obtaining an interest in land is liable to land transfer tax. The tax is calculated on the value of the consideration for the transfer. In certain circumstances the Land Transfer Tax Act (Act) deems the value of the consideration to be the fair market value of the land.
The Act defines land to include the land itself, buildings, estates, options, leasehold interests and fixtures. | 
