In the days before possession, the lawyer orders a final title search, prepares the statement of adjustments for property tax and utility proration, and confirms wiring instructions for your proceeds by phone rather than by email, which guards against fraud right when a seller is least paying attention.
On possession day, the lawyer registers the transfer with ISC and releases proceeds, minus legal fees typically $800 to $1,500 and any mortgage discharge fee, directly to the seller, closing out the file the agent already handed off.
Joel Dyck coordinates timing with your lawyer so possession day runs smoothly on both ends. Get your hand-reviewed valuation from Joel Dyck.