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Step 1 – Retain the services of a lawyer or notary. You should contact your lawyer or notary as early as possible in the process.


Step 2 – Your lawyer or notary will need to gather information from you including how you wish to hold title to the property if you are buying with your spouse or partner. Most couples hold title as “joint tenants” which means that the couple jointly owns 100% of the property, as opposed to “tenant-in-common”, which means each owner owns a fixed percentage.


Step 3 – Your lawyer or notary conducts a title search, obtains municipal tax information and any additional information necessary to prepare the Statement of Adjustments. The Statement of Adjustments is a balance sheet of the transaction showing the total funds required to complete the purchase after accounting for the deposit and mortgage proceeds.


Step 4 – Your lawyer or notary prepares closing documents including title transfer, mortgage, property transfer tax forms and Statement of Adjustments. Your lawyer or notary will forward the seller’s closing documents to the seller’s lawyer or notary for execution.


Step 5 – 1 to 3 days before closing is when you usually meet with your lawyer or notary to sign documents and deliver the balance of the down payment or equity.


Step 6 – Your lawyer or notary will register the transfer and mortgage documents, arrange for the seller’s lawyer or notary to pick up funds and notify you that the purchase has completed.


Step 7 – You receive the house keys directly from us on the Possession Date as set out in the Contract of Purchase and Sale.


Step 8 – Move in and enjoy your new home!