Amherst residents planning to purchase property later this year should prepare for a potential increase in closing costs as the town council considers raising the deed transfer tax. If approved, the rate will rise from 1.25 percent to 1.5 percent, effective July 1, 2026.
The Town of Amherst Council will host a second reading of the proposed amendment, known as the Deed Transfer Tax By-Law, B-2, at its regular meeting on April 27, 2026, at 6:00 PM. This represents the first increase to the tax since 2009. The current 1.25 percent rate remains lower than many other municipalities across Nova Scotia, which frequently charge the 1.5 percent rate.
Town officials estimate the change will generate approximately $50,000 in additional annual revenue. Council has designated these funds to support poverty reduction initiatives, which have been identified as a strategic priority for the community of 9,500.
Residents who wish to review the details of the proposed by-law can visit the office of the Municipal Clerk, Natalie LeBlanc, located at the Dominion Public Building at 98 East Victoria Street during regular business hours.
