FIRST DEALINGS EXEMPTION

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What is the First Dealings Exemption in Ontario, and how can it allow an estate to sell property without probate or Estate Administration Tax?

In this video, Toronto real estate lawyer Zachary Soccio-Marandola explains how the First Dealings Exemption works, when a property may qualify, and the three key requirements that must be met. If you’re an estate trustee, homeowner, or Realtor dealing with an estate property, understanding this exemption could save significant time, legal steps, and thousands in probate fees.

You’ll learn how to identify the LTCQ qualifier, what counts as a “dealing” on title, and why reviewing the parcel register is critical before assuming probate is required. 

If you have a real estate closing coming up, check out our transparent legal fee calculator linked below for a full breakdown of legal fees and closing costs.

Video Chapters

00:00 Introduction
00:47 What is a Probate?
01:10 Probate Fees
01:30 The First Dealings Exemption
02:03 Criteria
4:30 Important Limitation
…

*This video is for general informational purposes only and does not constitute legal advice. Watching this video does not create a lawyer–client relationship. Real estate laws and procedures can vary depending on the facts of each case and the jurisdiction. Always consult with a qualified real estate lawyer in your area before relying on or acting upon any of the information discussed in this video.