Requisitions

Once the initial searches have been completed, and prior to the Date for Requisitions shown on the Agreement of Purchase and Sale, your lawyer will prepare and deliver a letter to the Vendor's Solicitor requesting that any items revealed in the initial searches be dealt with on or before closing. This letter will include a number of documents prepared by your solicitor for execution by the vendor, including undertakings, warranties, bills of sale and declarations with respect to various Acts that affect the transfer and ownership of the property. It is important that you provide your lawyer with a copy of the Agreement of Purchase and Sale well in advance of the Date for Requisitions to ensure that all matters affecting title are dealt with prior to closing.

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