Pre-Completion Checklist

Here’s what you can expect between the time the contract is accepted and subject-free and the time the transaction completes:


Upon Acceptance Of a Subject-Free Offer


  • Deposit cheque given to Buyer’s agent for deposit in trust account
  • Buyer’s Agent delivers Contract of Purchase & Sale to Buyer & Seller
  • Buyer & Seller choose conveyancer/lawyer/notary public to handle preparation of transfer and/or mortgage documents
  • Remax Conveyancing Department will forward fully-accepted Contract of Purchase & Sale to the conveyancer

 

Buyer to arrange transition of:

  • BC Hydro
  • PNG
    • 1-604-691-5680 or 1-800-667-2297
    • web: www.png.ca
  • Shaw Cable (TV &/or High-Speed Internet)
  • Telus (Phone &/or High-Speed Internet)
  • Bell (Satellite or Phone):


1 Week Prior to Completion


  • Client to make appointment with his/her chosen conveyancer to execute the required transfer and/or mortgage documents
  • Conveyancer will advise buyer of exact amount of funds required for closing (purchase price, adjustments, property transfer tax) and will advise seller of the amount to be received
  • Conveyancer will advise the seller of the net proceeds to be received on a statement of adjustments and how to obtain their excess deposit cheque (from the conveyancer or from the Remax Dawson Creek Realty office)
  • At your appointment with your conveyancer, review the Statement of Adjustments to determine that you are receiving the correct amount of money


Completion Day


  • Transfer documents registered at Land Title office
  • Respective lawyers will call their clients to advise of registration number
  • Remax Conveyancing will be advised of registration number to evidence successful closing
  • Excess deposit cheque will be issued to the sellers by the buyer’s real estate company or the buyer’s conveyancer (an amount equal to the amount of the buyer’s deposit less the realtor’s commission + GST). If issued by the buyer’s real estate company, this may take up to a few days to receive, depending on the company’s procedures.
  • Cheque for interest, if any, on the buyer’s term deposit will be issued to the buyer


Possession Day


  • Buyer will receive keys at noon through their agent
  • Seller will leave their keys, garage door remotes and any instructions and/or manuals on the kitchen counter