Can I claim for new home buyers if my home was given to me by my parents

 

As per the Canada Revenue Agency "

• You must be considered a first-time home buyer
• You must have a written agreement to buy or build a qualifying home for yourself.

Or

• You must have a written agreement to buy or build a qualifying home for a related person with a disability, or to help a related person with a disability buy or build a qualifying home (obtaining a pre-approved mortgage does not satisfy this condition)"

For more information please visit the Canada Revenue Agency 

 

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