Form F70 Certificate of Result of Sale - British Columbia, Canada

Form F70 Certificate of Result of Sale - British Columbia, Canada

Form F70 Certificate of Result of Sale is a document used in British Columbia, Canada to certify the result of a property sale. It confirms whether the property has any outstanding tax obligations or charges against it. This form is typically required by the buyer's mortgage lender or lawyer to ensure that the property is free from any encumbrances before completing the sale.

The Form F70 Certificate of Result of Sale in British Columbia, Canada is filed by the buyer (purchaser) of the property.

FAQ

Q: What is Form F70?A: Form F70 is the Certificate of Result of Sale in British Columbia, Canada.

Q: What is the purpose of Form F70?A: The purpose of Form F70 is to provide the buyer and seller with a certificate that confirms the result of a sale transaction.

Q: Who needs to complete Form F70?A: The buyer and seller of a property in British Columbia, Canada must complete Form F70.

Q: What information is required on Form F70?A: Form F70 requires information such as the sale price, date of completion, property description, and the names of the buyer and seller.

Q: When should Form F70 be completed?A: Form F70 should be completed and signed by both the buyer and seller at the time of the sale.

Q: What do I do with Form F70 once it's completed?A: Once Form F70 is completed, it should be submitted to the Land Title Office along with any required supporting documents.

Q: Is there a fee to submit Form F70?A: Yes, there is a fee to submit Form F70. The fee amount may vary, so it's best to check with the Land Title Office.

Q: What happens after Form F70 is submitted?A: After Form F70 is submitted, the Land Title Office will update their records to reflect the sale transaction.

Q: Is Form F70 required for all property sales in British Columbia?A: Yes, Form F70 is required for all property sales in British Columbia, Canada.

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