About

This checklist identifies a number of costs Sellers frequently encounter when selling a property. The Seller should review the list carefully with his/her Realtor to determine which costs apply to their property. 
 

1. Property Costs Amount
– Cost of removing liens on property $
– Unpaid condominium maintenance costs $
– Cost of underpaid realty taxes $
2. Legal Costs
– Fees
$
– Lawyer's conveyance costs $
– HST on legal fees $
3. Mortgage Financing Costs
– Balance of mortgage payable $
– Interest on mortgage since last payment $
– Mortgage prepaid penalty $
– Mortgage lender discharge fee $
– Mortgage assumption fee on credit to buyer $
– Other $
4. Real Estate Commission
– Real estate commission
$
-HST on real estate commission $
– Other $
5. Closing Adjustments/Income
– Property taxes $
– Heating (oil/gas, etc) $
– Homeowners insurance $
– Prepaid realty taxes $
– Prepaid utilities $
– Prepaid condominium maintenance fees $
– Prepaid municipal assessment $
– Other $
6. Moving Costs
– Movers costs $
– Box purchases or rentals $
– Moving insurance $
– Storage charges $
– Box packing assistance $
7. Utility Disconnection Costs
– Telephone disconnection $
– Cable disconnection $
– Gas disconnection $
– Electrical disconnection $
– Water service disconnection $
– Other $
Total Cost – – > $
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