Many people find themselves involved in residential property transactions at some point in
life. At FP Legal, we are here to assist you every step of the way. Our goal is to make the
process easy and stress-free for you.
Choosing the right lawyer is crucial when buying, selling, or refinancing a home. At FP
Legal, we deeply understand the complexities involved in these processes. Our wealth of
knowledge and expertise makes us well-equipped to support you throughout the journey.
For comprehensive legal support regarding your home's sale, purchase, or refinancing, don't
hesitate to contact us today!
At FP Legal, we recognize that your home represents one of your most significant investments.
Therefore, we prioritize ensuring a smooth and trouble-free selling process without any
lingering disparities or issues that could jeopardize the sale.
To ensure a seamless closing process, we offer the following services:
Thoroughly reviewing the Purchase of Sale Agreement and ensuring all conditions get met.
Expertly prepare all necessary closing documents.
Request a payout statement from your lender(s) for any outstanding mortgage or line
Accurately calculate any outstanding figures on your mortgage and make arrangements
payment from the sales proceeds.
Facilitating the final signatures and effectively closing the transaction with the
Informing the relevant tax department and utilities (hydro and gas) about the change
Disbursing the balance of the commission to your real estate brokerage.
Ensuring timely payment of the remaining sale balance to you.
To provide you with the best possible service, we kindly request the following information
Contact Information: Please share your contact details so we can promptly
to your inquiries.
Agreement of Purchase and Sale: Kindly provide us with a copy of the
Purchase and Sale. Alternatively, you may ask your agent to send it to us.
Forwarding Address: We require your forwarding address for title/deed
Utilities and Services Providers: Before your move, please get in touch with
utilities and service providers to notify them of the change. Additionally, we
calling your hydro and gas provider to arrange a final meter reading and receive a
bill after the closing.
Oil or Propane Tank: If you have an oil or propane tank, please confirm with
whether it should get filled before closing. Kindly send us the final "fill-up"
for adjustment and reimbursement at closing.
Final Closing Documents: We will schedule a meeting with you two or three
before closing to sign the final closing documents. If your schedule permits, we can
arrange to meet earlier to accommodate your needs.
Property Tax Bill: Please provide us with a copy of your most recent property
Mortgage and Line of Credit Information: Share the bank and loan number for
mortgage or line of credit registered against the property.
Mortgage Pre-payment Charges: It is advisable to consult your mortgage lender
determine any pre-payment charges that may apply.
Reporting Problems: Please promptly inform us of any potential problems so
we can take appropriate action.
By providing us with the above information, we can ensure that our service to you is
efficient and effective.
FP Legal understands the importance of selling your home, and we aim to provide the most
comprehensive legal services to aid you in that process.
Whether you have extensive experience as an investor or a first-time home buyer, purchasing a
home is exciting.
To ensure a seamless closing process, we kindly ask our clients to assist us with the
Contact Information: Please provide us with your contact information so we can
promptly respond to your inquiries.
Agreement of Purchase and Sale: Kindly share a copy of the Agreement of Purchase
and Sale with us. Alternatively, you may ask your agent to send it to us directly.
Title/Deed Registration Details: We will require the correct spelling of your
name, dates of birth, and marital status for the title/deed registration.
Holding Title: Let us know how you wish to hold title for your property. We will
be glad to explain the different options available to you.
Mortgage or Line of Credit Financing: It is advisable to finalize your mortgage
or line of credit financing at least two weeks before the closing date. It allows your
lender to provide us with the necessary instructions.
Home Insurance: If you are purchasing a house, please note that all mortgage
lenders require borrowers to obtain home insurance. The policy should list the mortgage
lender as a mortgagee. (This requirement usually does not apply to condos, as the condo
corporation typically provides mortgage insurance coverage.)
Utilities and Services Providers: Kindly inform utilities and services providers
about your move. Additionally, open a new account and provide the necessary personal
information, including credit card details.
Final Closing and Mortgage Documents: We will schedule a meeting with you two or
three days before the closing date to sign the final closing and mortgage documents.
The Keys: In most cases, the seller's realtor will send the keys to the buyer's
realtor, who will hold them in trust until the transaction is complete. The keys will
get released to you upon the closing of the transaction.
By cooperating with us on these items, we can ensure a smooth and successful closing process.