MORTGAGE
INSTRUCTIONS
TO: JAY
CHAUHAN
Barrister and Solicitor
330 Highway 7 East, Suite 309
Richmond Hill, Ontario
L4B 3P8
Telephone: (905) 771-1235
Facsimile: (905) 771-1237
Email: jaylawyer@hotmail.com
Please complete the following information and send it to us as soon as possible by fax if possible and if not, by telephone call:
1. Your name and address and telephone numbers:
Name:
Address:
Office Telephone Number:
Home Telephone Number:
Email Address:
2. Name and address of lending institution:
Name:
Address:
Telephone Number:
Name of Contact Person:
3. Date funds are required:
4. Are funds
required for building or construction or home
improvement?
Yes________ No________
5. Is this new mortgage 1st or 2nd? 1st________ 2nd________ 3rd________
6. Names, addresses, telephone numbers, and mortgage numbers of existing mortgage (lenders) and the approximate amounts of the outstanding balances:
Name of
1st Mortgagee:
Address:
Approximate outstanding amount:
Name of
2nd Mortgagee:
Address:
Approximate outstanding amount:
7. Are any of
the above existing mortgages being discharged?
Yes________ No________
Name of mortgage being discharged:
8. Name,
address, and telephone number of the insurance agent:
(Please ask them to issue binder number. For the new
mortgagee and have them fax it to us.)
Name of your
insurance broker:
Address of your broker:
Telephone number:
Fax number:
9. We need the
following documents:
(Please bring in the report we sent to you previously.
We will return it to you after this mortgage is completed.)
1. Deed/Transfer
2. Copies of existing mortgages (and the mortgage number and address of the bank)
3. Building location survey showing the location of the building on the lot. It should be legible and distances marked in readable form.
4. Recent tax bills and receipts for payments made by you.
5. Particulars of liens or easements on property.
6. Report of Solicitor when you bought the property.
10.
Borrower’s background and identification:
a. Are you a
Canadian Citizen?
b. How long
have you lived at your current address?
c. When did
you acquire the property that is being mortgaged?
d. Do you have
other properties?
e. Who is your
mortgage broker?
f. Who
referred us as lawyer to you?
11. Solicitor’s instructions
Please bring in the solicitor’s instructions personally, if you can, from the lender. Please do not rely on the bank to arrange to send it to us.
12. The mortgage will be title insured and the undersigned confirms instructions to obtain such insurance. The undersigned client agrees to provide a retainer of CAD$.300.00 to cover disbursements which are incurred prior to the registration of the mortgage. Lawyer’s fees will be deducted from the proceeds of the mortgage and power line mortgages fees will be paid at the time of signing documents. Client understands that the mortgage closing is done based on the reliance of the above information.
__________________
Clients Signature