Drafting the deed of sale
Drafting the mortgage deed
Title searches
What the notary covers
- Drafting the deed of sale
- Drafting the mortgage deed
- Title searches
- Registration at the land registry
- Adjustments between the parties
The lender’s fees
Some lenders use their own lawyer. You pay for both in that case.
What moves the bill
- The number of deeds to register
- The complexity of the title search
- The presence of several lenders
- Releases to obtain from former creditors
Disbursements, on top of fees
Registration duties and copies of deeds add to the notary’s fees.
Ask for a written estimate separating the two.
Choosing your notary
You choose yours. The lender may add its own, at your cost.
When to pay
Fees are settled when the deed is signed.
The notary usually takes them from the loan proceeds.
Check the final statement before signing anything.
Asking for an estimate in advance
The notary can quote their fees as soon as they know the transaction.
Ask for that estimate before setting your closing budget.
It avoids a surprise at the signing table.
