- Plan of Survey or
Location Certificate - A survey of your property
which outlines the lot size and location of
buildingd as well as details of encroachments
from neighboring properties. This may be required
in certain areas to complete the sale of your
home. Your lawyer may recommend a survey,
especially if significant changes have been made
to your property.
- Property Tax Receipts
- Most Listing Agreements require that the
current annual property tax be shown.
- Mortgage Verification
- Few homeowners know the exact balance of their
mortgage as it is paid down. You will be asked to
authorize your mortgage lender to provide the
figures required.
- Deed or Title Search
- This document is a legal description of your
property and proof that you own it.
- Condominium Documents
- A package of documents will be required for
review and approval where the property being sold
is a condominium. These documents are obtained
from the condominium corporation.
- Other documents - In
some instances, it may help the sale of the
property if you can provide prospective buyers
with information on such items as annual heating,
electrical, and water expenses, as well as any
recent home improvement costs. Note: You will be
asked, by your RealtorŪ, to sign a property
condition disclosure statement, and an
acknowledgement that you have read and understand
the "blue brochure", ie. the Toronto Real
Estate Board's "Agency Relationships
Explained".
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