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The benefits of seeking legal advice may also help you avoid some common problems in purchasing property. Benefits such as: Ÿ Obtaining explanations of the terms of a contract and ensuring that it reflects the parties’ desires; Ÿ Obtaining advice on complex mortgage loan commitments and loan documents and ensuring that the contract is subject to the purchaser obtaining a commitment for financing, if any; Ÿ Performing a title search to ensure that the property being sold is free of any encumbrances, such as caveats or judgments, and that the vendor has the legal right to sell the property; Ÿ Ensuring that a Surveyor’s Identification Report of the property is obtained before purchase, to confirm that the property being purchased is indeed the property contained in the title with its prescribed/described boundaries, whether the restrictive covenants endorsed on the title have been complied with and whether there are any obvious or apparent easements or encumbrances that are not endor ?Y? H ]N?1n?Z[?[??[???\?? ?[\?[? ]Y\?[?? ?X?\? H ^???\]Y[??\?? H ?[??X?[??1n?Z[?[??Y ?X?H? H?] \?K[[?[? [??Z\??\??????[????? ? ?]?][?H???[???][Y[??[?1n?Z[?[??Y ?X?H? H ??\?^X?][?? H??[Y[? ???^Y\??]?\?B?]\? ???X?H ? ?]?H ?[\ ] H[? ?[][? ? H \??\?H?H?]??YK?HX?]Z\?[?? H?\?H[?[? [?[?\?[??[??H ?\\?]H??? ?X?[??? ?X??? H ?[??[? ??]?[?\? ???? ?X?H?]??Z[[??Y][?[ H H ?[?? ?[ ?]?H? ?[??\? ^ ???]?\?Y? \?HY?Y[Y[? ?\?H???\??YY?]???X? K[ XY ?\?Y \??\?\????[?[? [\?[ ?\??X?[?? ^XX?[]Y\? \ ? ?^ YX\??]\??H?? ?H[?H\? ] ?Y?\?\??? ?]\? [?H\?HH?\???YH \??\?\??H ?X\??Y ??\? H[??\???^Z[?? ??\? H?[? ?[?X[ H]?H ?Y?Y?X?[?[\X?][??Y??H ?]?]???Y?[Y ?X?K??\?H?K?\??\??
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