2. What will happen during a Conveyance process?
Once we receive notification of your upcoming transaction, we will gather the necessary information from you. Additional documentation is received from your realtor and mortgage lender, as applicable. We perform various due diligence searches regarding title, property taxes, condominium accounts ... etc. We will prepare the appropriate documentation and statements for the transfer of title or placement of a mortgage. We liaise with the vendor’s representative and all other parties involved with the file. You will have an appointment with us usually within the week prior to completion to sign documents and review closing financial statements. No later than the morning of the completion date you provide us, in trust, with a bank draft to complete the transaction. The exchange of title for funds takes place on the completion date. Once the title is registered, you can arrange with your realtor for key pick up from the seller. We are available at all times throughout this process and thereafter to answer your questions or confirm the status of your file.
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