• Overview
• Sellers:
• Pricing Pyramid
• The Effect of Over Pricing
• Activity vs. Timing
• Where Buyers Come From
• Working With a Real Estate Licensee
• Listing Contracts
• Responsibilities of the Seller
• Completing the Sale
• The Process of Selling a Home
• Seller's Checklist
• Fixture or Chattel?
• 20 Tips for Selling Your Home
• Buyers:
• Moving Checklist
• What is a Real Estate Agent?
• Finding a Home that Fits Your Needs
• The Offer to Purchase
• Completing the Purchase
• Typical Expenses
• Nine Mistakes the Buyer Should Avoid
• Options and Choices to Help Customize Your Mortgage
• Glossary
• Mortgage Calculator

Completing the Purchase

Once the subject clauses have been fulfilled, written notification is sent to the seller indicating that the subjects have been removed, and the sale is on its way to being finalized. The signed Contract of Purchase and Sale indicates the completion date of purchase. The completion date is the day that legal ownership is transferred from the seller to you.

A lawyer or notary public will be able to protect your interests in the following ways:

• Do a title search through the Land Title Office registration system to check if anyone other than the seller has any legal rights to the property and to see if there are any registered easements or restrictive covenants
• Prepare documents for transfer of ownership
• Ensure that the seller?s old mortgage is properly discharged
• Confirm that the seller has made all payments for which they are responsible
• Prepare a Statement of Adjustment outlining all moneys owed by you and the funds you will need to complete the transactions
• Ensure that the final amount due to the seller is delivered and that you are registered as the owner at the Land Title Office.

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• Dean Harman
• TRG - The Residential Group Realty
• 101-1965 West 4th Ave, Vancouver BC V6J 1M8