St Lawrence College Conveyancing Law Purchasing a Condominium Paper
Description
Closing a Canadian residential real estate transaction is a process that starts as soon as the agreement of purchase and sale is signed. Our client, Petronella Purchaser, has retained our firm regarding her upcoming purchase of a lovely condominium unit at 123 College Circle in Kingston, Ontario. The seller, Vinny Vendor, has lived in the unit very happily for five years, but must sell it as he is being transferred to Alberta in May. The closing date is set for Thursday, June 15th, 2023. Organization is always the key to a successful closing. As this is the first condominium closing in which you have been involved, I want to make sure that you will be on track for a successful and stress-free real estate experience. With that in mind, I would like you to do the following:
utline for me what steps would be involved for the lawyer and her trusty law clerk in acting for the purchaser of a resale condominium. I would like only the steps leading up to closing, not steps involved in the actual closing or post-closing.
ive a brief explanation of what each of these pre-closing steps or tasks involves.
f appropriate, give a timeline for each of these tasks so you can diarize them later.
You may do this in the form of a closing agenda or transaction checklist. Please only search Canadian Law, or how to do a purchase and sale in Canada.

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