'A Title Search can uncover hidden truths about the property (liens, mortgages registered on title).'
'Insured 100% good title. Protects you in case of an error in government records, undisclosed claims, prior owner's signature not being a true signature, etc. Covers insurance premium for first 500,000.'
'A search against the current owner of the property. This is the only way to insure that there are no outstanding judgments that may affect the property.'
'Transfer of ownership with the provincial land registry office and registration of the mortgage deed.'
'By your lawyer to the seller's lawyer to complete the real estate transaction.'
'Courier instructions and documents to the various parties (i.e. land registry office).'
'Lawyer’s time to review and complete all the necessary work to transfer title.'
'New homes purchases are subject to GST but may qualify for a GST rebate. Resale homes are sold without GST. Land may be exempt from tax, but Realtors and other professionals must charge GST on the services they provide.'
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