07/24/2023
ISC FEE INCREASES EFFECTIVE JULY 29, 2023
Products and services offered by ISC have been affected by the 2023 Annual Fee Review and the extension of their Master Service Agreement with the Government of Saskatchewan (also its largest shareholder) to operate Saskatchewan’s public registries for another two decades.
REALTORS® should be aware that we have heard from some law firms that closing costs can be impacted significantly, as much as $500.00 – $1100.00, which may not provide enough time for your clients to budget appropriately.
Land Registry Fees
The fee for Title Detail (including Title Prints with registrations) will increase from $12.00 to $15.00.
Mortgage discharges will be subject to a fee of $55.00 per interest register or part of an interest register.
The fee for Abstract Detail (including Abstract Prints with registrations) will increase from $12.00 to $15.00.
The fee for change of ownership will change from 0.3 per cent of the value of the title or abstract to 0.4 per cent of the value of the title or abstract. There will be no changes for ownership changes where at least one owner remains the same before and after the transaction.
The fee for mortgage registrations will now be based on the value of the mortgage principal amount. These fees range from $180.00 to $1000.00.
Mortgage discharges will be subject to a fee of $55.00 per interest register or part of an interest register.
Corporate Registry Fees
The fee for Profile Reports will increase from $6.00 to $10.00.
Various registration services have been reviewed and increased; a chart can be found online.
For additional details, please visit the ISC website here.
ISC FEE INCREASES EFFECTIVE JULY 29, 2023
Products and services offered by ISC have been affected by the 2023 Annual Fee Review and the extension of their Master Service Agreement with the Government of Saskatchewan (also its largest shareholder) to operate Saskatchewan’s public registries for another two decades.
REALTORS® should be aware that we have heard from some law firms that closing costs can be impacted significantly, as much as $500.00 – $1100.00, which may not provide enough time for your clients to budget appropriately.
Land Registry Fees
The fee for Title Detail (including Title Prints with registrations) will increase from $12.00 to $15.00.
Mortgage discharges will be subject to a fee of $55.00 per interest register or part of an interest register.
The fee for Abstract Detail (including Abstract Prints with registrations) will increase from $12.00 to $15.00.
The fee for change of ownership will change from 0.3 per cent of the value of the title or abstract to 0.4 per cent of the value of the title or abstract. There will be no changes for ownership changes where at least one owner remains the same before and after the transaction.
The fee for mortgage registrations will now be based on the value of the mortgage principal amount. These fees range from $180.00 to $1000.00.
Mortgage discharges will be subject to a fee of $55.00 per interest register or part of an interest register.
Corporate Registry Fees
The fee for Profile Reports will increase from $6.00 to $10.00.
Various registration services have been reviewed and increased; a chart can be found online.
For additional details, please visit the ISC website here.
