Your client sells his duplex for $ 420,000. He occupies the ground floor and receives a rent of $ 900 on the 1st of each month. The sale will take place on May 12, 2028. His mortgage is at 3%. The taxes have been fully paid by the seller. / 8

Municipal taxes are $ 3,400 School taxes are $ 826 N.B .: Round up the cents to the nearest dollar.

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Complete the following table TAX(GST), which is calculated at a rate of 5%

TAX (QST), which is calculated at a rate of 9.975%

Accrued interest :

Penalty:

School tax adjustments:

Municipal tax adjustments:

Rent adjustments:

132 600$ + Mortgage balance As of May 1 Interest accrued until the notarized date Penalty 3 months interest Remuneration to broker 5% GST/QST Certificate of location Receipt Total disbursements. 800$ 550$ Money given by the notary to the seller Adiust- School taxes Adjust. Municipal taxes Adjustment. Rents Money remitted by the buyer Estimate of the monies given to the seller 132 600$ + Mortgage balance As of May 1 Interest accrued until the notarized date Penalty 3 months interest Remuneration to broker 5% GST/QST Certificate of location Receipt Total disbursements. 800$ 550$ Money given by the notary to the seller Adiust- School taxes Adjust. Municipal taxes Adjustment. Rents Money remitted by the buyer Estimate of the monies given to the seller