MONTREAL REAL ESTATE : REAL ESTATE CANADA

• Brokerage fees, plus all applicable taxes, GST & QST
• Penalty for radiating existing mortgages; generally 3 months interest for each mortgage or interest percentage differential. Vendor assumes the responsibility to confirm amount with his financial institution
• Fee to notary for paperwork to discharge mortgage, which normally does not exceed $475, plus all applicable taxes, GST & QST
• The Certificate of Location (Survey), if unacceptable to a notary or a mortgage company; which normally does not exceed $475 (plus GST & QST), is the vendor’s responsibility
• Costs, if any, associated with vendor’s “obligations” as stipulated in the brokerage contract, i.e. encumbrances, etc

Note: No funds are issued until registry office completes the transfer of title. This could take up to 4 (four) days. During this time, no interest will be paid on these funds.

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This entry was posted on Thursday, March 2nd, 2006 at 9:27 pm and is filed under Selling Home. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.