Closing Documents

Closing Documents

Special thanks to the Law Office of Athena Narsingh for this amazing list.

What information do you need to give for a closing? 

Purchase

  • Two pieces of valid government ID, one photo (back and front)
  • Whether you are a first-time homebuyer
  • Whether you are going to live in the property as your primary residence or renting it
  • If there is more than one person purchasing the property, would you like to be on title as joint tenants or tenants in common?
    • Joint tenants – if one person dies, the other person gets the property automatically
    • Tenants in common – you can own the property in a percentage, and if one person passes, the property is divided in accordance with their Will
  • Your current marital status
  • Your current employment
  • Your email and phone number
  • If your mortgage broker has asked you to pay off some debts, such as credit cards and lines of credit, provide your lawyer with a recent statement for that account and the full account number
  • If you have a spouse, you may need to get their signature, ID and contact information.  

Sale

  • Two pieces of valid government ID, one photo (back and front)
  • Your current marital status
  • Your current employment
  • Your email and phone number
  • A recent mortgage statement
  • A recent tax bill. If your mortgage is paid through the bank, provide your bank statement that shows how much is paid and the roll number.
  • If you have a spouse, even if they are not on title, you may have to get the spouses’ consent to sell the home. You will need to provide their ID and contact information, as well.
Logo - Law Office of Athena Narsingh

The Law Office of Athena Narsingh

101 Mary St W - Unit 101A
Whitby, ON L1N 2R4

Contact:
Office: (647) 936-2529
info@athenalawoffice.com
athenalawoffice.com

This post was originally posted on the website for The Law Office of Athena Narsingh, the original post can be found here. You can learn more about this amazing lawyer here.

Note: We work closely with your lawyer when you do a mortgage through Finance Hero. We require/have most of these documents for your mortgage application as well, so our agents always make this process nice and smooth for you by passing along whatever documents we can to your lawyer for you! 

Ready to take a look at your finances? Book a meeting with one of our heroes today to get started!

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