Funds transfer, the deed registers, and you get the keys — usually 30 to 90 days after your offer is accepted.
Your lawyer receives mortgage funds from your lender
This typically happens the morning of closing — your lawyer confirms funds are in trust before anything else proceeds.
Lawyers exchange final documents and funds
Your lawyer and the seller's lawyer complete the exchange, including your down payment balance and any adjustments (property tax proration, prepaid utilities).
The deed registers in your name
Ownership legally transfers to you once the deed is registered with the province's land registry system — the moment you actually become the owner.
Keys are released, usually same day
Once registration is confirmed, your lawyer notifies your agent, and keys are typically released same day, though exact timing can vary by a few hours.
Confirm the property is in the agreed condition, ideally within 24 hours before closing.
Your remaining down payment and closing costs need to reach your lawyer in trust before closing — see our full Closing Costs breakdown.
Most lenders require confirmation of home insurance in place effective the closing date before releasing mortgage funds.
You'll need government-issued ID to sign closing documents, typically a few days before the actual closing date.
Set up utility accounts in your name effective the closing date, and begin your change-of-address process.
Book a free consultation with Narges to make sure everything's on track, or ask HAI a quick question.
