Real Estate · Ontario
A condo purchase where the status certificate changes the deal
The agreement is signed and the closing date is set before anyone reads the corporation's own paperwork. That is the wrong order.
What the work involves
- Read the status certificate and the declaration against the agreement of purchase and sale, and identify what the buyer is actually assuming on closing.
- Advise on the conditions still available while they remain available, rather than after they expire.
- Run title and off-title searches, and raise requisitions inside the contractual deadline.
- Report to the lender, prepare the closing documents, and complete the transaction in Teraview.
This describes the shape of a matter of this kind, not an individual client file. It is not legal advice, no outcome is implied, and how any particular matter runs depends on its own facts.
Other work
The first conversation
Begin with the lawyer who will act for you.
Tell us what is happening and the right lawyer comes back to you with times. Mon to Fri, 9:00 AM to 6:00 PM ET.