Please be aware that the net proceeds of sale are available by certified cheque payable to the registered owner(s) at approximately 1 p.m. on the business day after closing your sale. In cases where a Power of Attorney is being used to complete the sale, the net proceeds of sale will still be payable to the registered owner(s) and not to the person holding the Power of Attorney.

If two or more persons are selling a property, we shall require you to confirm in writing how the net proceeds of sale are to be payable if you require separate cheques to each owner. Otherwise, you will be provided with one certified cheque for the entire net proceeds of sale payable to the registered owner(s).

If ownership of the sold property is in one spouse’s name only but the home has been a matrimonial home, the other spouse (who is not a registered owner) must attend our office prior to closing in order to sign a consent for the sale completion, and must sign a direction that the net proceeds of sale are to be payable to the spouse who is the registered owner. Otherwise, the net proceeds of sale will be paid to both spouses even though one spouse is the registered owner. This rule only applies to a property that is a matrimonial home and does not apply to a property that always was an investment, in which event no spousal consent is required.

Please do NOT make any arrangements to cancel your fire insurance policy until after you have confirmed with this office that your sale has, in fact, been completed. Also be aware that if the property you are selling will be vacant for more than 30 days before the closing date, you must advise the fire insurance company to cover the increased risk due to any vacancy prior to closing.

You will be contacted approximately two weeks prior to closing for an appointment to sign the closing documents in the law office. Please be prepared to leave at least one key for the sold property with this office at that time.

At the time of our meeting to sign the closing documents, please be prepared to show the receptionist your personal unexpired photo identification which will be photocopied for our file records. this procedure is now required prior to finalizing each and every transaction processed by our office.

sign closing documents for you, the net proceeds of sale will still be payable to the registered owner(s).

Any Power of Attorney being used for closing must be arranged well before closing.

If, at the time of closing, you are not a Canadian resident, please contact our office to discuss the sale process for non-residents.

YOU MUST NOTIFY (prior to closing) all applicable departments concerned to confirm arrangements for making final meter readings. Any such meters will be read on the closing date so that you will only be responsible for payment of utility accounts up to that date.

If you have cable television, please advise the cable company of your move. You must also arrange for telephone service to be disconnected.

If the residence being sold by you is heated by oil, you must inform us in writing and arrange to fill the fuel oil tank as of the date of closing and to pay the cost of filling the tank at that time. A copy of the final fill receipt should be given to our law office when signing your final papers prior to closing. On closing, as indicated in the Statement of Adjustments which we shall prepare, you will be given credit for a full tank of fuel oil. If a full tank is not provided, a dispute might arise as to the actual amount of fuel oil in the tank on closing; by filling the fuel oil tank on closing, such a dispute can be avoided.

For a detailed moving checklist, click HERE.

Please note that any property tax, common expense, or mortgage payments falling due on a date prior to the closing date must be paid by you before closing. Any necessary adjustments will be made by our office on closing for any prepaid payments that cover a time period beyond closing.

It is your responsibility as a vendor to make certain that any pre-authorized chequing plans or post-dated cheques are stopped at your bank for any payments falling due after the closing date for items such as property tax payments or common area expenses.

The following items must be provided to the Law Office by fax or by mail or by delivering photocopies (which our reception can make for you at no cost to you) as soon as possible so that we can prepare the file for closing in advance of the closing date:

1. Details of any existing mortgages, including:
   • Name of mortgage company
   • Address and telephone number
   • Mortgage account reference number (if applicable)
2. Current year’s property tax bills (including any existing property tax bill and any future bill received prior to closing) as well as details of payments being made by you prior to closing date.
3. Copy of survey.
4. Your forwarding address and telephone number after closing your sale.