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HomeEquity Bank Fee Schedule

Effective March 5th , 2020

FEES

The table of fees below outlines the expenses to maintain your property in good standing (such as the payment of overdue property taxes), legal fees and expenses incurred in collecting missed payments, and expenses incurred by the Bank to realize on its security interest

AMOUNT/COST

(Plus Any Applicable Sales Tax)

Default processing, including (but not limited to): condominium fees, property taxes, legal costs, title searches, occupancy checks, property management, and tax certificates. $150.00
Insufficient funds $100.00
Subsequent advance request $50.00
Adding a Power of Attorney (POA) to your account $500.00
Property severance or subdivision $500.00
Reprint of annual statements or other letters $25.00
Title changes or title acknowledgements $250.00
Contacting insurer and/or other financial institution(s) on behalf of client $100.00
Cheque processing $25.00
Planned Advance Account changes $50.00
Discharge1 – ON, NS, NB, SK, PEI and NF only

1 Not applicable in Quebec and Alberta, where there are no fees. British Columbia and Manitoba are subject to a $75 and $100 discharge fee, respectively.
$399.00

Note: These fees may be changed from time to time without prior notice.