Binäre Optionen für das Leben Your lawyer at the initial meeting will review with you, from the legal perspective, the numerous terms set out in the Agreement of Purchase and Sale (Agreement), including the significance of any conditions, and if available, will review the survey for the existence of any encumbrances including easements, encroachments or right-of-way. At that point, your lawyer will explain to you the process involved in purchasing your new home and will answer any questions that you may have, including the anticipated legal costs.
Thereafter, it is the task of your lawyer to conduct several searches by searching the title to the property to ensure that there are no encumbrances against the property such as mortgages, liens, rights-of-way or encroachments. Your lawyer will then submit his requisition letter (title search letter) on your behalf to the vendor’s lawyer whereby he outlines any issue(s) regarding the title (or otherwise) as reflected from his searches. In addition, your lawyer will prepare the purchase documentation for signing by the purchaser and the vendor, conduct execution search against the vendor, complete the mortgage documentation after receiving the “mortgage instructions” from the lender, review the home insurance policy to be obtained by the purchaser, order title insurance, report to the purchaser with respect to any outstanding matter(s), meet with you to sign all closing documentation, arrange to close the transaction, register your title to your […]