What is the mortgage registration fee in Newfoundland and Labrador?

This answer covers the law of Newfoundland and Labrador.

The mortgage registration charge in Newfoundland and Labrador is $100 where the debt secured is $500 or less, and above that it is $100 plus $0.40 for each additional $100 or part of $100 of the debt secured. The charge is capped at $5,000.

It comes from the Services Charges Act, which imposes a land registration charge payable to the Crown for registering a notice of mortgage. You pay it at registration, and the Registrar may not register an instrument until the proper fee is paid. The Registry of Deeds has an online fee calculator for a notice of mortgage, so check it for the current figure. Your lawyer can confirm how it is collected at closing.

One example is a $240,000 mortgage, which comes to $1,058. Because of the cap, the charge stops rising once the secured debt reaches roughly $1.2 million. This is separate from the deed registration charge for the purchase itself, which is worked out on the value of the land using the same formula. That charge has no stated maximum, so it keeps rising with the value of the land.