Randhawa Law Office

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Home Seller’s Checklist & Guide

What You Need to Know Before Selling Property in Calgary Prepared by Nancy Randhawa – Real Estate Lawyer | 12+ Years of Experience

🔹 1. Have You Hired a Licensed Realtor?

✅ Answer:
While not legally required, working with a licensed realtor is highly recommended. They will help list your property, negotiate offers, and prepare the Real Estate Purchase Contract (REPC), which your lawyer will later review.

🔹 2. Do You Know the Legal Description of Your Property?

✅ Answer:
Your lawyer will confirm this, but it’s helpful to have your property tax bill or land title showing the legal description (lot, block, plan). This ensures accuracy in the purchase contract.

🔹 3. Have You Reviewed the Offer to Purchase With Your Lawyer?

✅ Answer:
Once you receive an offer, you should notify your lawyer. We can review the terms (price, conditions, possession date) and help you understand your legal obligations.

🔹 4. Is Your Mortgage Paid Off — or Will You Need to Discharge It?

✅ Answer:
If you have a mortgage, your lawyer will obtain a payout statement from your lender and ensure it’s discharged properly at the time of closing. You must continue making payments until the sale is finalized.

🔹 5. Do You Have a Current Real Property Report (RPR) With Compliance?

✅ Answer:
In most Calgary resale transactions, sellers are expected to provide an RPR with municipal compliance. If your RPR is outdated (e.g., you’ve added a deck, fence, garage), you may need a new one or updated compliance from the City of Calgary.

🔹 6. Do You Need to Provide Any Condo Documents (If Applicable)?

✅ Answer:
Yes. If you’re selling a condominium, you must provide up-to-date condo documents to the buyer, including the Estoppel Certificate, bylaws, financials, and meeting minutes.

🔹 7. Are You Aware of All Costs Involved in the Sale?

✅ Answer:
Your lawyer’s fee, real estate commissions, payout of any existing mortgage, and any property tax adjustments will be deducted from the sale proceeds. We provide a full closing statement so you know exactly where your money is going.

🔹 8. Have You Provided ID and Contact Info to Your Lawyer?

✅ Answer:
To comply with Law Society regulations, we require two pieces of valid government-issued ID, your forwarding address, and your contact information prior to closing.

🔹 9. Have You Scheduled a Signing Appointment?

✅ Answer:
You’ll need to meet with your lawyer to sign closing documents a few days before possession. Remote signing is available in many cases — ask us about options if you’re away or busy.

🔹 10. What Happens on Possession Day?

✅ Answer:
Once the buyer’s funds are received and all documents are registered at Land Titles, your lawyer will authorize key release through the realtor. You do not need to be present.

🔹 Bonus Tip: Clean Up & Take Final Meter Readings

Before you hand over possession:

  • Remove all personal items and garbage
  • Clean the property (unless otherwise agreed)
  • Take final utility readings (electricity, gas, water) and notify providers

Ready to assist you in resolving any legal issues you may have.

We feel compelled to break the typical lawyer-client relationship. We endeavor to be friendly and reachable, and to keep in touch with our clients.

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