All fees will be due in advance of the closing date. A
closing meeting
will take place before the closing date to sign the final insurance and registration documents.
Closing usually takes place about 2 to 3 weeks after contract signing. During this time, a judicial scrivener (legal professional) will prepare for registering ownership (property title) transfer.
Paying remaining fees, signing insurance and registration documents will take place at the closing meeting.
Once the process is finished, the keys will be handed from the seller to the purchaser.
If you cannot attend the closing meeting, it is possible to arrange an attorney. In this case, a judicial scrivener will have to meet with you, at least once, before the closing meeting. If you are purchasing the property in joint name, the judicial scrivener will have to meet with every single person. This will be needed to confirm identity, that the person is the person. Also, there will be additional documents to prepare in this case. Please contact us for details.
After the meeting, the judicial scrivener will apply to the Legal Affairs Bureau for registration. The ownership of the property will belong to you from the closing date.