Introduction

When to Hire a Lawyer

Finding a Lawyer

What the Lawyer Does
>offer

>utilities
>taxes
>zoning
>title search
>execution search
>requisitions
>financing
>government programs
>fire insruance

What happens next?
>day before
>new homes

>closing day
>after closing

Title Insurance

What You Have To Do

FAQ's
>using RRSPs

>5% down
>Inspections

Land Transfer Tax Schedule

 

Afterclosing

When you move in to the new home check to see that all items noted in the Agreement of Purchase and Sale and indicated as included in the purchase price are left on the property by the vendor. If you believe something is missing, contact your lawyer immediately.

After closing your lawyer will prepare a reporting letter to you certifying your title and explaining all aspects of the transaction. This reporting letter will also contain copies of all necessary documentation, your Statement of Account, a Trust Ledger Statement, a survey to the property, the Duplicate Registered Transfer/Deed of Land and a copy of the registered Charge/Mortgage of Land (where applicable). You should keep this letter and these documents in a safe place for future refinancing or sale of the property. If your transaction was title insured, your lawyer will make reference to the title insurance in the report and may provide you with a copy of your policy.

If at any time you have questions or concerns with respect to your purchase transaction do not hesitate to contact your lawyer and discuss the issues that concern you. Your lawyer will usually charge a flat rate fee for completing a basic transaction and you will not be billed above the fee quoted to you for telephone calls and attendances at his office in the normal course of his acting on your behalf.

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