After Subject Removal.

Congratulations - you have a firm deal. Here’s what we need to do prior to completion date.

Your Completion Timeline - Important Dates

  • Deposit Delivery

    DEPOSIT IS A LEGAL REQUIREMENT.

    The deposit needs to be paid to “Royal Pacific Realty Corp in Trust”. The amount and deadline is on pg.2 of the Contract of Purchase and Sale (CPS). Please communicate as soon as possible if any issues arise as failure to pay on time can have legal consequences.

  • Inspection Walk Through

    ENSURING PROPERTY IS MOVE-IN READY

    Before the completion date, we will confirm that all agreed-upon repairs are completed, any tenants have vacated, and the property is in the condition required under the Contract of Purchase and Sale. If something is amiss, we will need to act as soon as possible. Your options are here.

  • Conveyancer Meeting

    VERIFYING THE FINAL NUMBERS

    About two weeks before the completion date, your conveyancer will schedule a meeting with you to review the Statement of Adjustments, including property tax credits, strata fee adjustments, and any applicable utility prorations.

    You will be asked to prepare the down payment and remaining funds, with your deposit forming part of this total. Our office will forward the deposit to your conveyancer. Don’t worry—your conveyancer will clearly advise you of the total amount required.

    At that meeting, you will also sign the closing documents.

  • Completion Date Preperations

    OWNERSHIP TRANSFERS

    Scroll down for the preparations that should be completed before the completion date.

    On completion, title and funds are exchanged, finalizing the transaction.

    Please notify me once the Transfer document has been accepted for registration by the Land Title Office so I can notify the listing agent to release the keys.

  • Possession Date/Adjustment Date

    GETTING THE KEYS OFFICIALLY.

    The possession date is when you receive the keys and prorations take effect. We will:

    1. Walk through the home together, make sure everything is in order.

    2. Help you get familiar with the essentials—water shut-offs, electrical panel, and intercom set up—so you feel settled right away.

    3. Reminder: Activate your insurance if you haven’t done so already.

What Not To Do Prior to Receiving Funding.

Before financing is finalized, we recommend avoiding new loans, job changes, and large cash movements.

Lenders may re-verify your deal prior to the completion date. Any changes could result in your mortgage not being funded, which may prevent completion and expose you to legal consequences.

Who We Are

Your To-Do List

  • Choose your Conveyancer, if you don’t have one - we can recommend a few.

  • Furniture shopping and arrange for moving.

  • Purchase home insurance prior to completion date. Reminder: Some lenders may require it prior to funding your purchase.

  • Arrange utilites and services

  • Prepare remainding funds

  • Change Mailing Address

Dennis’s To-Do List

What I’ll do for you: 

  • Contat 

  • Check strata bylaws for:

  • Move-in fees

  • Elevator bookings

  • Time restrictions

  • Damage deposits

  • Parking Locker Location 

  • Mail strata coverage summary

• • Bike locker access

 

Now that you are a home owner...

Things you should familiarize yourself with.

Familiarzie Yourself with Garbage Dispoal Rules

Speculation and Vacancy Tax Reporting

Empty Home Tax Reporting (if you are in City of Vancouver)

Report Rental Status (if you are in Vancouver/Burnaby)

Property Tax Dates / Home Owner Grants

Strata Emergency Line

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Follow our Instagram Page for Home Design Tips

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