BUYING OR SELLING PROPERTY?

• Review your Offer or Agreement of Purchase and Sale and the other legal documents.
• Make sure there are no existing liens, debts or claims against the property.
• Make sure any such claims are cleared before you take title.
• Where necessary obtain title insurance to protect you from title problems.
• Ensure you have valid title when your transaction closes.
• Ensure property taxes are paid up-to-date.
• We will estimate all your extra expenses and disbursements before you purchase so you know what you will have to pay.
• Calculate and remit the land titles costs and disbursements due on closing.

WHAT IS TITLE INSURANCE?

Title Insurance provides protection against any fraud or forgery that has occurred on title.

It may contain a “Defense of Title” provision in case a claim against your title is made

• Prepare the statement of adjustments for prepaid expenses by the seller, such as property taxes and or make sure all such items are paid to the date of closing by the vendor.
• Draw up any needed mortgage documents and register the mortgage.
• Close the transaction and ensure all legal and financial conditions are met.
• Exchange legal documents and cheques with the seller’s lawyer,
• Bill  regrets that he will be busy on your moving day and will not be able to help you move.

WHAT ARE LAND TITLES AND REGISTRATION COSTS ?

Your land titles and registration costs generally consist of

• Land Transfer Charges and Registrations,

• Legal Fees/Costs,
• Disbursements,
• Title Insurance
• Real Property Report