CLOSING COSTS

REFINANCE WITH REMOVAL OR ADDITION OF NAME ON TITLE

OR WITH SURVIVORHIP APPLICATION

FEES for Refinance $375.00

$350.00

Fees Removal or Addition of Name 175.00

$150.00

(*Fees for preparation of Discharge, if applicable) ($100.00)

DISBURSEMENTS:
Sub-Search 50.00
(Sub-search outside of Toronto) (75.00) at cost
Check Certification ($20 per check) at cost 60.00 Minimum of 3
Courier to pick up check (if applicable) 50.00 Minimum
Courier to deliver payout (within Toronto) at cost 50.00
Photocopies, Postage & faxes 30.00
Software Transaction 30.00
LPIC Levy -------
======
$770.00
PLUS: 13% HST) 100.10
======
TOTAL $870.10
PLUS:
Title Insurance (required by the bank) $187.92

Payable to Minister of Finance

Sheriff’s Execution Certificate ($11.60 / name/searched twice) 23.20 at cost

Registration of New Title 75.27 at cost
Registration of New Mortgage 75.27 at cost
Registration of Discharge of old mortgage (if applicable) 75.27 at cost
*(No charge if bank is RBC, CIBC, TD, BMO or Scotia)

===================================================================