NB. On submission of application, if deemed necessary the applicant may be asked to sit for a Interview with an REB Inspector.
Please complete/submit the following to the Real Estate Board (REB):
NB: For a body corporate, the application form must be signed by two directors and the company's stamp/seal affixed.
Note: If applicant is a body corporate, police reports must be provided for each director and secretary.
How to Obtain a Police Record?
Note: If applicant is a body corporate, fees must be paid for each director and secretary.
Evidence of ownership of land being developed (copy of registered title, Volume and Folio).
Evidence of approval of the development scheme, including originals and copies or certified copies of approved plans and letters of approval from the local planning authorities.
Evidence of scheme financing whether personal or through an authorized financial institution or both.
|Rate Category||Rate Group||Rate|
|Anti-Money Laundering Fee||Miscellaneous||$ 5,500.00|
|Express Discharge Mortgage (done within 7 Days)||Discharge of Mortgage - Board's Charge||$ 15,000.00|
|For each unit/lot of a development scheme||Development Fee||$ 6,000.00|
|Ordinary Discharge of Mortgage (done within 21 Working Days)||Discharge of Mortgage - Board's Charge||$ 10,000.00|
|Printout (per page)||Miscellaneous||$ 100.00|
|Schemes of 21 to 40 lots/units (Application Fee)||Application Fee - (21-40 lots/units)||$ 110,000.00|
|Schemes of 21 to 40 lots/units (Renewal Fee)||Renewal Fees (21 - 40 lots/units) $55,000.00||$ 55,000.00|
|Schemes of 41 lots/units and over (Application Fee)||Application Fee - (41 & Over lots/units)||$ 150,000.00|
|Schemes of 41 lots/units and over (Renewal Fee)||Renewal Fees (41 & over lots/units) $90,000.00||$ 90,000.00|
|Schemes of 6 to 20 lots/units (Application Fee)||Application Fee - (6-20 lots/units)||$ 80,000.00|
|Schemes of 6 to 20 lots/units (Renewal Fee)||Renewal Fees (6 - 20 lots/units) $36,000.00||$ 36,000.00|