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Home Sellers
Surveys A survey of your home consists of a birds eye view drawing of your home and yard. It should show a Plan Number and lot description. If requires a date and a signature of the Alberta Surveying Company who surveyed it. Your purchaser will probably request a copy of your survey in their offer, as they require it for mortgage purposes. If you can't find your survey, try checking in:
Talk to your lawyer about title insurance as a possible alternative ($250.00). You always have the option of selling your home without a survey and letting the buyer figure it out. Canceling a Mortgage A mortgage is often set up for a length of time or a 'term'. If you are selling your home before the end of it's term, and not planning to take it with you to a new place, your bank will charge you a penalty fee. Most commonly, the penalty fee is for 3 months of interest payments. Note: Each lending institution is different and should be consulted on this matter. GST GST is not payable on resale homes. GST is payable on new homes that have not been occupied for at least 1 year. GST is payable on any commissions paid. 
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