Property Transfers

A Notary’s involvement in a standard real estate transfer file includes the following services, subject to the specifics of a purchase, sale, refinance or other type of real estate conveyance:

• Reviewing the Contract of Purchase and Sale;
• Searching title;
• Identifying and confirming with you the charges that are your responsibility to discharge;
• Obtaining and reviewing municipal tax information specific to the property;
• Preparing or obtaining transfer and mortgage documents to be registered in the Land Title Office;
• Requesting payout statements from the Lenders;
• Reviewing payout statements upon receipt from the Lenders;
• Receiving, reviewing, and revising as necessary the sale/purchase documents from the Buyer’s/Vendor’s legal representative;
• Preparing supporting documents;
• Attending to or arranging for execution of sale/purchase and supporting documents;
• Negotiating appropriate closing undertakings with solicitor/notary for Buyer/Seller;
• Making inquiries as to the residency status of the Seller pursuant to the Income Tax Acts as required;
• Receiving and accounting for trust funds;
• Attending to registration of relevant documents at the Land Title Office;
• Providing your Lender with its requested security documents;
• Providing your Lenders with payout proceeds and discharge forms;
• Disbursing trust funds;
• Registering discharges received from the Lenders;
• Reporting and providing you with a final State of Title Certificate, if applicable.