Canada Revenue Agency
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Individuals > RRSPs and related plans > HBP > Conditions
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You are withdrawing funds to buy or build a home for a related person with a disability or you are a person with a disability who wants to make a HBP withdrawal.
Under the HBP, the home must be better suited to the needs of the disabled person or more accessible than his or her current home. Any of the following situations may apply:
- You are a person with a disability and you withdraw funds from your RRSPs under the HBP to buy or build a home.
- You withdraw funds from your RRSPs under the HBP to buy or build a home for a related person with a disability.
- You withdraw funds from your RRSPs under the HBP and give the funds to a related person with a disability to buy or build a home.