Purchase of Commercial Real Estate:

Reviewing the executed agreement of purchase and sale
Investigating title and checking the legal description
Searching for arrears of realty and all other taxes and rates constituting statutory liens
Advising on the applicability of HST legislation
Searching for executions
Searching under the Personal Property Security Act for registrations
Reviewing all leases, tenancy agreements, service contracts, and employment contracts (if any) with respect to the proposed purchased property
Reviewing transfer
Reviewing statement of adjustments and examining survey (if available)
Arranging for title insurance (if applicable)
Making zoning and building by-law enquiries and searching for work orders (if applicable)
Making requisitions on title and on other matters recited in the agreement
Discussing with the purchaser all matters related to title, zoning and statement of adjustments
Liaise with your banking centre and drafting necessary banking documentation to satisfy the mortgagee (if applicable)
Attending on execution of documents
Attending to the closing
Giving opinion on title


Sale of Commercial Real Estate:

Reviewing executed agreement of purchase and sale
Preparing transfer, bill of sale, and assignment of lease
Assignment of pertinent material contracts
Answering requisitions on title
Preparing and advising on statement of adjustments
Advising on the applicability of HST legislation
Liaising with your banking centre and preparing necessary discharge documents (if applicable)
Attending on execution of documentation
Attending to the closing and completing the sale
Registering mortgage discharge (if applicable)
Providing the client with a closing report, including copies of registered mortgage discharges (if applicable)


Close Window


© 2011, Sangani Law Firm. All rights reserved. Site design by WJS Media.
Use of this site constitutes your acceptance of the Terms of Use.