Sell a home in Ontario. Get your net proceeds clean.

A Khan Law seller lawyer handles every legal task between your signed listing and your net proceeds arriving in your account. That includes reviewing the signed APS, pulling title and payout statements, coordinating mortgage discharge, preparing the Statement of Adjustments, receiving sale funds in trust, paying out commissions and charges, and delivering your net proceeds with a full closing report. Your listing agent cannot do any of this legally in Ontario.

Same day or next business day after closing, directly wired to your account. Khan Law receives sale funds from the buyer lawyer in the morning, clears commission and mortgage payout, and releases your net proceeds that afternoon or the following business morning. No funds held hostage, no delayed settlement.

This is the most common seller surprise. Break penalties on fixed rate mortgages can be 2000 to 20000 depending on the remaining term and the rate differential. Khan Law orders your payout statement at file open so the number is known five plus days before closing. If the penalty is a shock, there is still time to make informed decisions.

On a typical owner occupied resale home, no HST applies. HST applies on new construction, substantially renovated homes, and homes used primarily for commercial or short term rental income. If you are unsure which category your home is in, ask at the 15 minute call and Khan Law will walk you through it.

Commission is the percentage in your listing agreement plus HST, paid from sale funds at closing. On an 850000 sale at 4 percent total commission, that is 34000 commission plus 4420 HST, totalling 38420 out of sale proceeds. The buyer agent share is paid through the listing brokerage. Khan Law coordinates payment with your brokerage so there is no gap.

Property tax is prorated to the closing date. If you prepaid taxes beyond closing day, the buyer credits you for the excess in the Statement of Adjustments. If you are behind on taxes, the shortfall is deducted from your net proceeds. Khan Law calculates the exact amount and confirms with the city five to ten days before closing.

If the home is a matrimonial home under the Ontario Family Law Act, spousal consent is required on the Transfer even where only one spouse is on title. This applies to every matrimonial home in Ontario regardless of title structure. Khan Law reviews your situation at file open and prepares the consent form. Missing this is a frequent cause of closing day delays.

Depends on whether the APS was firm or still conditional. If conditional and the buyer has not waived, they can walk with their deposit returned. If firm, the buyer is in breach and the deposit is typically forfeit, plus damages may be available. Khan Law has handled dozens of buyer breach scenarios and will walk you through the options the day it happens.

No. Signing happens three to seven days before closing, in person or remote. On closing day itself you do not need to do anything. Khan Law handles the registration, receives funds, pays the charges, and wires your net proceeds.

Residential Tenancies Act applies. If your tenant is under a residential lease, the sale does not automatically terminate the tenancy. The buyer either assumes the tenancy or obtains vacant possession through proper N12 notice served by the buyer with full statutory compensation. Khan Law flags this at file open so the APS reflects reality.

Not typically. The buyer usually obtains their own title insurance policy. You do not need a new survey unless the APS requires one. If title insurance was obtained when you bought the property, it remains your protection against pre ownership claims.

Legal time is included in 999. Not included: discharge fees paid to the lender (pass through), registration fees paid to Teraview, HST on legal, real estate commission paid to your brokerage, mortgage break penalty paid to your lender, FINTRAC and courier disbursements. Every one is itemized before the file opens.