REAL ESTATE INCENTIVE

Please note that a revised Canadian Armed Forces Relocation Directive (CAFRD) has taken effect as of March 1st, 2025.

This ReloFact covers the Real Estate Incentive (REI). For additional information, please refer to Article 8.2.03 of the CAFRD.

What is a Real Estate Incentive?

This incentive is an entitlement when you elect not to sell your principal residence. From the Core Account, you may be entitled to receive 80% of the real estate commission that would have been payable based on the appraised value of the residence, up to a maximum of $12,000.

The real estate incentive is calculated as follows:

Appraised value x Real Estate Commission rate x 80%

What conditions need to be met in order to claim the REI?

It is important to note that the election to receive this incentive is irrevocable.

• Your principal residence must be appraised
• You have not received any Temporary Dual Residence Assistance (TDRA) benefits
• You must elect not to sell no later than 15 working days after receiving your home appraisal
• You must sign the waiver foregoing any future reimbursement of real estate fees, legal fees and other related disposal costs for the residence no later than 15 working days after receipt of the appraisal.

This incentive is not payable for any moves under Article 11.2 Unaccompanied Moves, under Section 13.2 Reserve Return Moves or under Chapter 14 Moves to Intended Place Residence (IPR). Please note this incentive is paid for by the CAF and is taxable.

Tax Implications

Please be advised that while most benefits are non-taxable, some benefits may be. To maximize the after-tax benefits that you are eligible for, please carefully review all information pertaining to taxable benefits. Visit the Knowledge Centre to view the following resources:

• The Tax Implications VIP
• The List of Taxable Benefits

All applicable tax deductions will be withheld from your future pay by the CAF. To obtain your T4 and / or RL-1s, or for any issues and assistance, please contact DRBMRelocationPayBenefits-DGARPrestationsdereinstallation@forces.gc.ca. We recommend that you consult a professional financial planner and / or visit the CRA / MRQ website to find further information about tax implications, as Sirva Relocation Advisors are not tax specialists.