Selling

When selling a property, work with a Realtor you trust to determine a fair market price, commission agreement, marketing strategy and duration of the listing. 

After your decision to sell your home, locate your Real Property Report (RPR). 

  • Can’t find your RPR? Never received one when you purchased your home? Have you made changes to the outside of your home, including building fences, sheds, patios, hot tubs, garages or any other external structures? 
  • We can assist in arranging for a new Real Property Report and Compliance Certificate!

After final acceptance (removal of conditions by the buyer), have your Realtor deliver a copy of the accepted Offer to Purchase to your lawyer

  • Your lawyer will contact you approximately 2-3 weeks prior to the possession date to make an appointment to complete the sale documents. 

At your appointment with your lawyer, you will need the following: 

  • Your RPR 
  • 2 pieces of identification, including one government-issued photo identification 
  • A void cheque if you wish your sale proceeds to be deposited directly into your account 

Your lawyer will deduct your Realtor’s fees and selling costs from the proceeds of the sale. On the date of possession, your lawyer will receive the sale proceeds in trust from the buyer’s lawyer and will tell your realtor to release the keys to the buyers by 12:00 noon.

Selling a property can be a complex and time-consuming endeavor, but BARR LLP’s real estate lawyers are here to help. Our team provides personalized legal guidance and support throughout the entire selling process, ensuring that your interests are protected and the transaction is completed efficiently.

Our selling services include:

  • Drafting and reviewing sale agreements
  • Resolving title issues and encumbrances
  • Negotiating terms and conditions with buyers
  • Ensuring compliance with local regulations and zoning requirements
  • Facilitating the closing process

With BARR LLP’s expert legal services, you can confidently navigate the property selling process and achieve the best possible outcome for your transaction.

FAQ Section

  • What chattels are included in the purchase price (i.e. appliances, window coverings)?
  • Are there any warranties to be assigned?
  • Confirmation that all conditions have been satisfied and removed (i.e. an offer subject to financing and building inspection).
  • Records of land ownership in Alberta are registered at the Alberta Land Titles Office.  The lawyer arranges for the Title to be transferred from the seller to the buyer by the possession date.
  • All financial and non-financial encumbrances reviewed – ie mortgages, restrictive covenants, utility rights of way, party wall agreements.
  • The buyers new mortgage will be registered against the Copy of Title.

For the purchase of a house (as opposed to a condominium), sellers are generally responsible to provide buyers with a Real Property Report with evidence of municipal compliance.  This means that the property must comply with all land use by-laws, all improvements (all items built on the property including garages, decks, fences, sheds) have the necessary permits and are within the property boundaries.

There will be an adjustment between the parties regarding taxes.  Your lawyer will confirm that the seller has paid their fair share of taxes on the property.

Once the Title has been transferred to the buyer and the new mortgage has been registered, the buyer’s lawyer will forward all funds to your lawyer and any sale proceeds will be provided to you.

* Please note the foregoing is not an exhaustive list and additional items may arise depending on the nature of your transaction.

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