Land purchase through SOLIT Canada
For many years, we have maintained and taken care of an extensive partner network.
The established and trustworthy cooperation, inter alia, with local lawyers, notaries, tax consultants, certified surveyors and renowned real estate professionals, guarantees the legally secure and speedy acquisition of your dream property in Nova Scotia. We have already used this partner network several times ourselves to acquire and professionally develop our properties. Take this opportunity and benefit from it!
1
Selection of a property developed by SOLIT
2
Optional visit and on-site consultation
3
Purchase and contract
4
Processing via a notary escrow account
5
Warranty transfer, registration in the land register
6
Confirmation of the certificate of deeds
How we work—easy property purchase
The acquisition of land through our company can be realized in just a few steps.
- Selection of a property offered by SOLIT Canada.
- On request, we can organize a property site visit or explanation of the characteristics of the property on the basis of the exposé.
- The bilingual sales contract is signed by the contracting parties in triplicate after checking the personal details of the buyer. Each contracting party receives an original contract; the third copy is intended for the attorney and notary in charge.
- Once the contract is concluded, the buyer makes a down payment of 25% of the purchase price. The remaining purchase price must be paid within a maximum of three weeks. All payments are made to the escrow account (“Trust Account”) of the Canadian attorney and notary.
- After the purchase price has been paid in full into the escrow account, the change of ownership is reported directly to the “Land Registration Office” by the Canadian notary. The “Land Registration Office” registers the change of ownership to the buyer and confirms the transfer to the Canadian notary.
- After completing the purchase and transferring ownership, we will send you all the essential documents directly by courier:
- A Warranty Deed indicating the change of ownership.
- A confirmation from the Canadian notary that the ownership of the property has been effectively transferred to the buyer, without encumbrances.
- The official print-out from the Land Registration office of the government of Nova Scotia confirming the ownership of your property.
- A title insurance policy which insures the purchaser’s title against third party claims.
- Selection of a property offered by SOLIT Canada.
- On request, we can organize a property site visit or explanation of the characteristics of the property on the basis of the exposé.
- The bilingual sales contract is signed by the contracting parties in triplicate after checking the personal details of the buyer. Each contracting party receives an original contract; the third copy is intended for the attorney and notary in charge.
- Once the contract is concluded, the buyer makes a down payment of 25% of the purchase price. The remaining purchase price must be paid within a maximum of three weeks. All payments are made to the escrow account (“Trust Account”) of the Canadian attorney and notary.
- After the purchase price has been paid in full into the escrow account, the change of ownership is reported directly to the “Land Registration Office” by the Canadian notary. The “Land Registration Office” registers the change of ownership to the buyer and confirms the transfer to the Canadian notary.
- After completing the purchase and transferring ownership, we will send you all the essential documents directly by courier:
- A Warranty Deed indicating the change of ownership.
- A confirmation from the Canadian notary that the ownership of the property has been effectively transferred to the buyer, without encumbrances.
- The official print-out from the Land Registration office of the government of Nova Scotia confirming the ownership of your property.
- A title insurance policy which insures the purchaser’s title against third party claims.