SELLING A HOME IN ONTARIO
A signed offer.
A well managed closing.
From mortgage payouts to the transfer of ownership, we handle the legal steps of your sale and explain what they mean for your proceeds.
Get a sale quoteTHE WORK BEHIND YOUR TRANSACTION
The sale is agreed. Now the details need to line up.
We review the agreement, prepare your closing documents and coordinate with the buyer’s lawyer. Along the way, we explain the information, signatures and payout requirements needed to complete the transfer.
What does a sale lawyer do in Ontario?
Rindi Law handles the legal transfer of your Ontario property, including reviewing closing documents, obtaining mortgage payout information and accounting for sale proceeds. Our sale legal fee starts at $1,049.99 plus HST and permitted disbursements.
What we handle for your sale
- Review your agreement and amendments for closing obligations.
- Review title and address the legal requirements for the transfer.
- Obtain mortgage payout information where required.
- Prepare and explain your sale documents and closing statement.
- Coordinate the legal transfer and required payouts, then account to you for the balance.
Understand where the sale proceeds go
The sale price is not the amount deposited into your account. Mortgage payouts, adjustments, commissions and other applicable amounts may be paid from the closing funds. We explain the deductions shown on your closing statement so you can see how the balance is calculated.
Tell us about every mortgage and secured line of credit
Provide details of financing secured against the property, including lines of credit you may not currently use. Let us know about any lien, judgment or title concern. Your lender determines its payout charges and any early repayment penalty; those are separate from our legal fee.
Buying and selling on the same day?
The sequence matters when you need sale proceeds to fund a purchase. Tell us about both transactions at the start. We can explain the legal coordination and the timing questions to discuss with your lender, including whether bridge financing may be needed.
Plan the legal side of your purchaseA LITTLE CLARITY
Before you
get started.
When will I receive my money?
That depends on completion of the sale, receipt of closing funds and the required payouts. We explain the arrangements for your file. Do not rely on a specific release time until it is confirmed.
Do you handle the mortgage payout?
Where the mortgage is to be discharged on closing, we obtain payout information and address the payout as part of the agreed sale work.
YOUR NEXT STEP
Let’s put your sale in order.
Share the closing date and mortgage details. We will confirm the work and provide a written quote.