Description of Services

Residential Refinancing Transaction

Services Included

As part of our retainer for the completion of a residential real estate refinancing transaction, we provide the following services, all of which are included in the fee that has been quoted to you for the completion of your transaction:


  • Reviewing of your commitment letter
  • Completing title searches and advising you of the encumbrances on title
  • Searching for executions
  • All correspondence with the title insurance company, and completing its required forms and documentation, and reporting to the title insurer after closing
  • Corresponding with your mortgagee to satisfy the solicitor conditions set out in your mortgage instructions
  • Receiving and reviewing mortgage instructions
  • Preparation of closing documents
  • Meeting with you to sign all necessary documents
  • Receiving funds from the mortgage advance into our trust account
  • Completion of one institutional mortgage payout including correspondence with the mortgagee prior to closing and obtaining a statement for discharge purposes
  • Delivering discharge funds forthwith after closing in accordance with the discharge statement
  • Obtaining a discharge of the mortgage
  • Registration of one institutional Charge
  • Submitting a final report to the mortgagee
  • Preparation of a record book containing all of your closing and transaction documents

Services Not Included

Please note that the fee quoted to you will not include the following additional services, which will be provided to you at the fee set out below should you require these additional services from us:


  • Paying out an additional mortgage in addition to the one included mortgage payout – $100
  • Paying out a bridge loan – $100
  • Paying out any judgments (writs) against you – $100
  • Paying out any Tax Arrears – $30
  • Paying out any personal debts in addition to the one included mortgage payout – $30 per payout
  • Correspondences with the municipality with respect to active/open permits on the property – $50 per correspondence
  • Providing an undertaking to holdback funds for a period that is less than one year – $100
  • Providing an undertaking to holdback funds for a period that is more than one year – $200
  • Paying out of a private mortgage – $150
  • Completion of your transaction by way of Power of Attorney – $150