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GATHER ALL DOCUMENTS:
Organize the paperwork on your home, for your Realtor, as you
will need it to complete the sale. The following are normally
required.
TITLE DEED:
The written instrument that conveyed "title" (ownership) to
you. You would have received a copy when you purchased your
property, or it may be held by your mortgage company or
lawyer.
MORTGAGE:
The name of the lender and other details about
financing. This information is needed by the Realtor when the
Listing Agreement is being filled out. Your lawyer will need
copies of these documents as well, to complete the
transaction.
TAX ASSESSMENT AND PAYMENT
RECORDS: This
information is required to prepare the Listing Agreement.
UTILITY RECEIPTS:
Most buyers will be interested in costs to heat your home and
a general idea of the other utility costs you pay. Gather your
payment receipts from the past year or two for your Realtor.
ONTARIO
LAND SURVEY:
This document provides accurate details about your property's
location, boundaries, size, location of all buildings, and
legal description. Lenders usually require an up-to-date
survey to issue a mortgage.
CONDOMINIUM AND CO-OP HOUSING:
There are documents specific to the purchase and sale
of condominium units, including a description of the
organizational structure of the condominium corporation, how
the property is managed, and a declaration containing the
bylaws and rules governing ownership. Regarding the purchase
and sale of co-op housing units, there are special documents
for them as well.
HOMEOWNER ASSOCIATION:
Some housing developments share the use and cost of
upkeep for commonly owned land and recreational facilities.
Copies of the homeowner association rules and the most recent
fee schedule will be needed. |
