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Documents For Closing

AB
Document Registration AgreementLawyer's Agreement To Close in Escrow/E-reg
LTTTax payable by purchaser to Ontario government based on value of consideration paid
HST CertificateVendor certifies no HST payable
Direction Re TitleDirection by Purchaser as to owership and way title held
Direction Re FundsDirection By Vendors to pay procceds to their lawyer in trust
Redirection Re FundsDirection to purchaser's lawyer on how to make out cheques delivered on closing
Bill of SaleProof of transfer of title to chattels
KeyDelivered on closing
Cheques for closingMust always be certified funds
Statement of AdjustmentsAdjustments for taxes, fuel oil, rent, condo fees
Deed/TransferSigned by vendor, purchaser pays to register
Vendor's undertakingPromise to leave chattels on property and give vacant possession
ClosingDate of transfer of title along with payment
Registry OfficeWhere closing takes place or documents electronically registered
s.116 of Income Tax ActRequires Withholding Tax for non-resident vendor


Instructor
Humber Polytechnic
ON

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