Home Buyer’s Plan (HBP)

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The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 (after January 27, 2009), from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

Click on one of the topics below to learn more about the HBP.

Topics about Home Buyers’ Plan

Conditions — Conditions that have to be met before you can withdraw funds from your RRSPs under the Home Buyers’ Plan

Participating — How to participate in the Home Buyers’ Plan

Cancelling — How to cancel your participation in the Home Buyers’ Plan

Repayments — How to repay withdrawals made under the Home Buyers’ Plan

Special circumstances — What if the participant dies, becomes a non-resident, or reaches the age of 71

Questions and answers

Important dates

Forms and publications

For complete details go to CANADA REVENUE AGENCY

For more information on selling your home do not hesitate to call or email me. Also, please take advantage of a FREE HOME EVALUATION.

If you have any questions or require more information, or have suggestion, please do not hesitate to contact me and I will be happy to assist you.

Best Regards,

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
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