Your lawyer prepares a statement of adjustments that prorates property tax and, in a condo, reserve fund and condo fee balances, based on your exact possession date. Review that statement before signing, since it determines your final proceeds at closing.
Unlike some US markets, there is no transfer tax charged to the seller in Saskatchewan and no third-party holdback process. Costs are concentrated in commission and legal fees, which makes budgeting for a Saskatoon sale relatively straightforward compared to jurisdictions with more line items.
Joel Dyck walks sellers through the full breakdown before listing so the net number is never a surprise at the lawyer's office. Get your hand-reviewed valuation from Joel Dyck.