Home Buyers' Plan Guide

This form includes the Home Buyers’ Plan (HBP) Request to Withdraw Funds from an RRSP and the HBP Cancellation form.

Home Buyers’ Plan (HBP) – Request to Withdraw Funds from an RRSP

Area 1 – To be completed by the participant

1. Are you a resident of Canada? Yes No

2. Has the person who is buying or building a qualifying home entered into a written agreement to do so? Yes No

3(a). Have you ever, before this year, withdrawn funds from your RRSP under the HBP to buy or build a qualifying home? Yes No

3(b). Are you making this request in January as part of the participation you began last year? Yes No

3(c). Was your HBP balance zero on January 1 of this year? Yes No

4(a). Are you a person with a disability? Yes No

4(b). Are you withdrawing funds to buy or build a qualifying home for a related person with a disability or to help such a person buy or build a qualifying home? Yes No

4(c). Are you considered a first-time home buyer? Yes No

5. Does the person who is buying or building the qualifying home intend to occupy it as his or her principal place of residence no later than one year after buying or building it? Yes No

6. Has the person who is buying or building the qualifying home or his or her spouse or common-law partner owned the home more than 30 days before receiving this withdrawal? Yes No

First name and initials: Last name:

Social insurance number (SIN):

Address of qualifying home being bought or built:

City: Province or Territory: Postal code: Telephone number:

If you are a person with a disability, check this box:

Person’s name: Relationship to you: Person with a disability’s SIN:

Date withdrawal required: Date:

Amount of requested withdrawal:

I certify that the information given in Area 1 of this form is correct.

Area 2 – To be completed by the RRSP issuer

Issuer’s name: Amount paid (maximum $20,000):

Issuer’s address:

Name and position of person to contact for more information: Telephone number:

Date withdrawal paid: Date of contribution: Amount of contribution:

Fair market value of the funds held in this RRSP immediately after the withdrawal:

Home Buyers’ Plan (HBP) – Cancellation

Complete this form to advise us if either of the following situations occurs:

A qualifying home or replacement property was not bought or built.

I ceased to be a resident of Canada before a qualifying home or replacement property was bought or built.

Last name: First name and initials: Social insurance number:

Address:

City: Province or Territory: Postal code: Telephone number:

Amount of cancellation payment:

Calculating the part of the contributions you or your spouse or common-law partner made to an RRSP that is not deductible for any year

Area 1 – Complete this area if you are the only one who contributed to your RRSP during the 89-day period just before you withdrew an amount from that RRSP.

1. RRSP number:

2. Amounts you contributed to the above RRSP during the 89-day period just before your withdrawal under the HBP from that RRSP:

3. Fair market value of the property held in the above RRSP just after your withdrawal:

4. Line 2 minus line 3:

Area 2 – Complete this area if you contributed to your spouse’s or common-law partner’s RRSP during the 89-day period just before your spouse or common-law partner withdrew an amount from that RRSP.

5. RRSP number:

6. Amounts you and your spouse or common-law partner contributed to the above RRSP during the 89-day period just before withdrawal:

7. Fair market value of the property held in the above RRSP just after withdrawal:

8. Line 6 minus line 7:

Additional notes