Selling Property

What information do I need to provide to the lawyer when I am selling a property ?

1. Copy of ID’s for the seller (s) Read more…

How many times do I need to come to the lawyer’s office ?

At least once to sign the paperwork and to drop the keys and depending on how the sale proceeds are Read more…

Who deals with my existing mortgage ?

We require an existing mortgage statement from you so that we can order a payout statement and onceRead more…

Who cancels the utilities ?

You should always call your utilities a few weeks before the date of the sale and let the utility companies Read more…

Should I cancel my Home Insurance ?

Yes but never before the closing is complete. There should be no gap between you cancelling your home Read more…

When do I give the keys ?

Keys are normally delivered a day before to the purchaser’s lawyers office and to ensure that, we do need at Read more…

Do I pay any taxes ?

Depending on your situation and if the property being sold is your principal residence or investment Read more…

When do I get the money ?

We get the funds from the purchaser’s lawyer on the day of closing and after paying off the existing Read more…

How are my property taxes adjusted ?

Simple. If you have paid more, then we claim them back from the purchaser’s and if you have not paid what Read more…

I am selling a Condo, do I pay this month’s condo fees ?

Yes…please pay your monthly fees and we can adjust it and claim back for the number of days left in the Read more…

What happens to my fees If I am selling in middle of the month ?

As we said above, we will adjust and claim the excess paid in the statement of adjustments but pleaseRead more…

What happens to the deposit received from the purchaser ?

Purchaser gives his deposit chq / draft to the real estate company “XYZ Realty, InTrust” or to the Read more…

Who pays the real estate commission ?

Real estate commission goes out of the sale proceeds and the sellers lawyer pays the commission to theRead more…
Buying Guide
Selling Guide
Mortgage Guide