Statement of Adjustments
The money side of a home sale on completion day: the purchase price, the deposit, the property tax and strata fee shares worked out to the day of the adjustment date, other credits, the balance due, and the property transfer tax the purchaser pays.
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Conveyancing Support works out the statement of adjustments and the property transfer tax for you to check. In British Columbia the transfer and mortgage documents are prepared by a lawyer or notary, and Conveyancing Support is made mainly for them.
Statement of adjustments
| Item | Credit to vendor | Credit to purchaser |
|---|---|---|
| Purchase price | $849,000.00 | |
| Deposit paid | $42,450.00 | |
| 2026 property taxes paid by the vendor: purchaser's share, 35 of 365 days | $346.36 | |
| Strata fees for November 2026 paid by the vendor: purchaser's share, 4 of 30 days | $54.93 | |
| Totals | $849,401.29 | $42,450.00 |
| Balance due to the vendor on completion | $806,951.29 |
Adjusted as of November 27, 2026: the purchaser pays from that day, inclusive. Check the adjustment date and terms in the contract.
Property transfer tax (paid by the purchaser)
| How it is worked out | Amount |
|---|---|
| 1% of the first $200,000 | $2,000.00 |
| 2% of the value from $200,000 to $2,000,000 | $12,980.00 |
| General property transfer tax, before any exemption | $14,980.00 |
On the purchase price as the fair market value. Exemptions (first-time buyers, newly built homes) and the additional tax for foreign entities are not included: check them before filing the return.
Sample figures. Change them to work out your own, no sign-up.
What goes in it
Every statement of adjustments from ReportDraft follows the same professional structure, so clients and reviewers find things where they expect them.
- Other adjustmentsWhat it is, Credit to, Amount
- NotesAnything the parties should know about these figures.
How it works
1. Enter the details. Names, dates and amounts, once. The next one starts from these entries.
2. Worked out for you. The adjustments, the balance due and the property transfer tax are calculated to the day, and the standard wording is filled in.
3. Check, sign, keep. A completeness list shows anything missing. Sign to lock the PDF and download Word too.
Why it pays for itself
Statement of adjustments rules by province
The key rule in each province or territory, linked to the official text. Each guide lists every rule with its sources, and each template is set up for that province or territory. Last reviewed October 24, 2026.
| Province or territory | Key rule | Official source |
|---|---|---|
| British ColumbiaTemplate | The 1%, 2% and 3% general rates | Property Transfer Tax Act s. 3 (1) |
Template preview
Questions
What goes in a statement of adjustments?
The money side of a home sale on completion day: the purchase price, the deposit, the property tax and strata fee shares worked out to the day of the adjustment date, other credits, the balance due, and the property transfer tax the purchaser pays. ReportDraft lays it out in 2 sections: other adjustments, notes.
Do my province or territory's rules change the document?
Pick your province or territory when you start. Where we have checked a local requirement against official sources, it is added to your completeness list with a link to the source.
Can I change the wording?
Yes. The standard wording is a starting point: edit any sentence before you sign. The figures and dates are worked out again from your entries every time.
What do I get at the end?
A signed, locked PDF for your client and an editable Word file, both with your company details. Signed reports keep a fingerprint so later changes are visible.
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