Selling a Property

Whether you're a first-time seller or a seasoned real estate investor, selling a property can be a complex and daunting process. From pricing your property to negotiating with potential buyers, there are many steps involved in successfully selling a property.

At our law firm, we understand that selling a property can be overwhelming, which is why we've created this comprehensive guide to provide you with the information you need to navigate the process with confidence.

Our law firm takes a comprehensive approach to transactions, covering numerous tasks and procedures to ensure a successful outcome. Here are some of the key steps we undertake during a transaction:

Step 1:

Review and complete the draft deed which formally transfers the property from you to the purchaser.

Step 2:

Prepare the statement of adjustments for the purchaser’s lawyer. The purpose of the statement of adjustments is to calculate the precise amount that will be owed at closing.

Step 3:

Write to your mortgage company to determine the exact amount owing on the date of closing.

Step 4:

Prepare and electronically register the necessary discharge of mortgage.

Step 5:

Perform a search of the property. This outlines any existing mortgages and other instruments which are registered on the property.

Step 6:

Answer the letter of requisition from the purchaser’s lawyer and discuss with you any potential problems that could delay the closing.

Step 7:

Oversee the execution of all the necessary documents.

Step 8:

Instruct the purchaser’s lawyer on how to transfer the funds from the sale. In most circumstances, separate cheques are requested and made payable.

Get in Touch

We are here to help, book your consultation appointment today and start the process.

Selling a Property

Get in Touch

Buzaker Law Firm Professional Coporation
Not everything is black or white
Ontario based law firm. Our multilingual team can assist with everything from real estate
transactions to immigration complex cases thanks to our comprehensive knowledge of the
Canadian legal system.

Subscribe to get Blog and News updates

Privacy Policy

Terms and Conditions