Payment of Sale Proceeds on Closing
On the date of closing your net sale proceeds will be ready for pick from our office by 5p.m by way of a cheque. We shall contact the registered owner of the Property on the date of closing to set-up a time for pick up of net sale proceeds. We can only issue the cheque in the name of the Registered Owner only.
If the Sale is being processed by way of Power of Attorney then we would need specific written instructions in the Power of Attorney to issue the cheque in favor of the Attorney.
We can also issue net sale proceeds in favor of two persons if we receive written instructions from the Registered Owner prior to closing.