Toronto Law Firm - Weltman Bernstein Barristers, Solicitors & Notaries Public
Toronto Lawyers

 

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Real Estate Closings

Closing Funds and Meeting

We will meet with you a day or two before closing to sign and review all closing documents. At this meeting, we will also review the statement of adjustments which sets out the adjusted purchase price after taking into account your deposit, the vendor's realty tax payments, and the builder's adjustments, if applicable. You'll bring in the funds required to close including the land transfer tax and the balance of the legal fees by certified cheque or bank draft. We will deal directly with your bank to obtain the mortgage funds.

The closing

At Weltman, Bernstein we are equipped to handle the most technological advance in the real estate field: E-Reg. Registration of your deed and mortgage is accomplished electronically from our desktop. In most cases, no attendance is required at the local land registry office with the accompanying delays in the delivery of keys. Your closing is accomplished quickly, efficiently and professionally and keys get to you much sooner.

Post closing

We will provide you with a full report and accounting after closing explaining in detail the work we've done and enclosing all signed documents including your deed and mortgage.

Other Real Estate Topics

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Practice Areas

Personal Injury

Real Estate

Wills and Estates

Business Law

Criminal Law

Family Law

Notarial Services