Step 1 – Contact LAW BOOTH ™ and provide:
Step 2 – Satisfy any outstanding conditions
An Agreement of Purchase and Sale may contain conditions that have to be satisfied within a specified time period. Ensure that these conditions are met and/or waived as required. .
Step 3 – Contact the utility companies
You must contact all utility companies and advise them of the closing date. You have to request a final meter reading and provide them with your forwarding address to receive the final bill.
Step 4 – Cancel any preauthorized payment plans
Cancel any automatic withdrawals of payment plans (i.e. property taxes, condominium monthly common expenses).
Step 5 – Signing Closing Documents
Depending on when we receive documentation from the bank and the other lawyer, we will draft all the paperwork for you to sign approximately one week before closing. At that time we will also advise you of the amount of money you need to bring to complete the transaction.
You may provide us a void cheque which must be in the seller’s names. We will direct deposit funds into the account through a certified cheque. We do not control if your institution will place a hold on the funds.
When attending our office to sign any documentation you must bring with you two pieces of current identification. One must be a Canadian/Ontario government photo identification. (ie. Driver’s licence, Citizenship Card, Permanent Resident Card or Passport). The other can be a major credit card or SIN card.
Step 6 – Pick-up the Cheque
We endeavor to complete transactions as early as possible. A typical deal closes between 4:00 – 5:00 PM. We will contact you and inform you as soon as the closing is done so that you may pick-up the cheque.
*Price does not include Government Registration fees, Law Society Levy, courier charges and applicable taxes
Please note that these quotes are estimations only, and our fees are subject to variation depending on circumstances of each specific transaction.