¹ STANDARD DISBURSEMENTS ON TYPICAL RESIDENTIAL REAL ESTATE TRANSACTIONS:

Standard disbursements include title search and writ search costs, software transaction/conveyancer fees, banking costs, courier costs, postage, fax, photocopy costs, and the Law Society Transaction Levy applicable to sales.

² ADDITIONAL AMOUNTS YOU MAY NEED TO BE PREPARED FOR: 

H.S.T. (13%), Land Transfer Tax, NRST, Land Title Document Registration Fees ($82 per registered document), Execution Certificates, Water and Utility Certificates, Municipal Tax Certificates and Building/Zoning Reports, Title Insurance Premiums (dependant on transaction particulars), and Condominium Status Certificates.

³ TYPICAL RESALE RESIDENTIAL REAL ESTATE TRANSACTIONS:

Typical resale residential real estate transactions are completed in accordance with the following:

Purchase and Sales: pursuant to a standard OREA form agreement of purchase and sale without any title deficiencies, delays in funding, extensions of the closing date, unexpected encumbrances requiring discharge, writs/executions requiring payout, disputes as to payment of funds, significant legal issues or disputes between the buyer and seller, and legal actions/proceedings of any kind.

Refinances: pursuant to an institutional “A” lender’s mortgage instructions without any title deficiencies, delays in funding, extensions of the closing date, unexpected encumbrances requiring discharge, writs/executions requiring payout, disputes as to payment of funds, significant legal issues or disputes between the buyer and seller, and legal actions/proceedings of any kind.

Additional charges may apply for investment properties, commercial properties, new builds, interim closings, bridge loans, or any other work outside the scope of a typical resale residential real estate transaction.

Contact us for an all-inclusive quote.