What exactly are “disbursements” when it comes to a real estate transaction?
On top of the legal fees, GST and PST that are paid when you complete a real estate purchase or sale, there are also “disbursements” that are charged. Disbursements are costs that are paid out-of-pocket by your notary public or lawyer on your behalf in connection with your real estate transaction. Disbursements usually include the cost of land title…