Residential Real Estate FAQ


               Toronto Residential Real Estate FAQ

       Frequently Asked Questions about a Residential Transaction:

       .....on a real estate SALE and a real estate PURCHASE.



For Buyers:


When will I get my keys?

When do I meet with my lawyer?

When will I know how much money is required to close the deal?

Am I responsible to call the different utility companies?

When should I set up my home insurance?

What is Title Insurance?

How much does the Land Transfer Tax cost?

Who is eligible for the First-Time Buyer's Rebate?

What is a Status Certificate?


For Sellers:


When will I receive the proceeds from my sale?

What time do I need to be out of the house?

Do I need to call the utility companies?

Should I make my final property tax payment?

Important note about buy and selling real estate on the same day?



             Check link below:


Levitt Lightman Dewar & Graham LLP

 Barristers and Solicitors