Purchase Information Sheet

Once you have decided to retain us to act on your behalf on the purchase of your home, we will need you to do the following things immediately in order to ensure a smooth closing:

Kindly answer the following questions:

 The following information will be required for all Parties/Names that are to appear on title to the property being purchased. Please note that the Parties/Names going on title to the

property must match the Parties/Names on the Mortgage:

Full Legal Name

FIRST NAME:

MIDDLE NAME(s):

LAST NAME:

     Present Address:

     Phone Number:

Email address:

     Date of birth (D/M/YR):

Canadian Citizen or Permanent Resident of Canada? (please state which)

   Are you also presently a citizen of another country? (Please List)

     Occupation:

     Employers Name:

     Employers Address:

     Employers Phone No:

Spousal Status:

        Spouses Name:

  1. Do you or a family member intend to occupy the property as a principal residence;
  1. Do you intend to lease out all or part of the property; If you intend to lease out, please provide your mailing address;
  1. Names of people taking title their respective marital statuses, dates of birth, if more than one purchaser; How would you like to take title? (ex; joint tenants, tenants in common).

* Please contact our office and speak to Mr. Mohan if you have any questions or wish to discuss the best way of dividing up the ownership of this property.

  1. What is the source of your closing funds;
  1. Are any of the buyers first-time home buyers – never owned a home anywhere in the world?
  1. Are buyers Canadian Citizens or Permanent Residents of Canada; (Please provide proof), If no, County of Citizenship;
  1. Are you acting as a trustee, nominee or in a similar capacity for all or any portion of the beneficial interest in the land?
  1. Were all buyers physically present in Canada for 183 days out of the 12-month period prior to the date the conveyance is tendered for registered;
  1. Will you be getting financing? IF yes, please provide the name of the institution/lender and their contact information.
  1. Do you have a mortgage broker who arranged your financing? If yes, is there a broker fee? Please provide their contact information.
  1. What is the property type that you have bought –detached, semi-detached, high-rise condominium, townhouse condominium, etc.
  1. Is the property that you have purchased a multi-use property and not a single-family residence;
  1. Do you also have a sale and will there be bridge financing?
  1. You will need to contact your home insurance to arrange for them to send our office a binder letter, prior to closing.
  1. Utilities – please call to set up prior to closing, effective the closing date.

It is imperative that you go to our website –www.ggmohan.com [1] – areas of law – real estate – checklist for buyers – Please review prior to closing as it contains important information.

If you are arranging a mortgage to purchase this property, your bank will also need to retain us in this transaction. Accordingly, please provide all of our contact information to the bank so that it may eventually forward us all of the relevant mortgage instructions.