Estofa Law focuses on offering customers involved in the purchase and Property Sales Solutions services. With a thorough grasp of property law and a wealth of real estate transaction experience, Estofa Law guarantees that every step of the procedure is carefully handled, from contract drafting and review to regulatory compliance and potential resolution of disputes.

Considerations before your closing date

  • Make sure that every closing document, the contract, settlement assertion, and loan documents, among others—has been carefully examined and appropriately reflects the conditions mentioned in the buy or sale agreement.
  • Verify that a thorough title check was done to find any possible problems or encumbrance on the land and that title coverage was obtained to guard against unexpected claims.
  • Ensure all financial arrangements are set up and documented correctly, including the exchange of the money for the deposit, the closing charges, and any applicable taxes.
  • Ensure all agreed upon inspections have been finished and that any concerns or repairs that need to be done have been dealt with or recorded.
  • Verify before Selling a Real Estate Property that the relevant permissions and disclosures, as well as any local, state, and government legal requirements, have been complied with.
  • Check to make sure all lender requirements such as documentation and finance approval have been met and that all backup plans have been fulfilled.
  • Make sure before Selling a Real Estate Property, if the property is in the condition that was agreed upon and that no unforeseen modifications have happened from the last inspection by conducting a final walk-through.
  • To make sure all charges, credits, and adjustments are accurate and correspond to the final terms of the transaction, carefully review the settlement statement.
  • Make sure you understand what you need to do at closing, such as signing any necessary documents and how ownership will be transferred.

If you plan to sell your real estate property, there are certain usual expenses you should anticipate. These expenses consist of service fees for attorneys, which include a statement of revision.

  • A mortgage discharge cost is used to free the security deposit hold on your house.
  • Additional possible expenses consist of:
  • Fees for a broker or real estate company
  • Costs of renovations or repairs
  • Inspection expenses
  • Appraisal expenses
  • Relocation expenses
  • Cleaning costs staging fees
  • If you sell your house before the termination of your mortgage term, there will be mortgage prepayment penalties.

Important documentation that your buyer might require

As soon as you put your house up for sale, obtain any paperwork that would be useful, such as:

  • Plans for surveys
  • Invoices for property taxes
  • Contracts for renovations
  • Transferable guarantees
  • Reports on inspections
Estofa Law is an Award Winning law firm in Burlington. Contact for all your real estate transactions.
Facebook Youtube Instagram Tiktok

Real Estate Law

Immigration Law

Wills & Estates

Contact Information

5500 North Service Road Suite 300-27, Burlington, ON L7L 6W6

Estofa Law is a real estate law firm dedicated to serving clients in Burlington, Oakville, Milton, Hamilton, and Toronto.

Copyright © 2025 | Estofa Law Professional Corporation | All Rights Reserved

Real Estate Law

Services

Locations

Immigration Law

Services

Locations

Wills & Estates Law

Services

Locations