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"Working with a Lawyer when you Buy a Home"
This full-colour booklet:
   
  • is an educational tool for when you are commencing a real estate transaction
  • explains in "lay person" terms, all the legal aspects of the purchase of a residential property and the role of the lawyer to protect a client's home
  • outlines the options available (solicitor's opinion on title, title insurance, or TitlePLUS title insurance)

    Please contact us if you would like a copy of this Brochure in French.

    Players in a Typical Residential Real Estate Transaction
    • Purchaser
    • Vendor
    • Real Estate Agent(s)
    • Mortgage Lender (e.g. Bank, Trust Company, Credit Union)
    • Lawyer for Purchaser
    • Lawyer for Vendor
    Steps in a Typical Residential Real Estate Transaction
    • Agreement of Purchase and Sale signed and mortgage arranged
    • Purchaser and vendor each hire lawyer
    • Purchaser's lawyer makes searches
    • Purchaser's lawyer sends "Requisitions on Title" to vendor's lawyer
    • Documents prepared for closing and signed by vendor and purchaser
    • Deal closes at Land Registry Office, by e-reg or in person and purchaser moves in
    • Each lawyer prepares Reporting Letter
    From the Purchaser's Perspective

    How TitlePLUS title insurance could have helped

    Glossary of Terms

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