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      Gaslight Tower 1 & Tower 2 Assignment Agreement

      You will need to follow-up with any needed items for the Gaslight assignments - you can see an outstanding list in the drive in a spreadsheet called “Assignments/Amendments for RA”. PLEASE NOTE: THE AGREEMENT CANNOT BE EXECUTED WITHOUT RECEIVING THE LAWYER AND ASSIGNMENT FEE (IF APPLICABLE). Use this spreadsheet to keep track of what needed items have been received.
      Please note: even if it is a simple title amendment, you will be using this form and following these steps. Please mark their progress as you receive items to complete them. The official steps are as follows:
      1. You will email the purchasers the following template to let them know what information is needed:

      Hello,

      I hope this email finds you well. In order to complete your required amendment, we will require the following items from you:

      1. The purchaser and assignee enter into an assignment consent agreement with the vendor.
      2. The assignees to provide a mortgage commitment letter or proof of funds in an amount sufficient to complete the transaction of purchase and sale (this can be a pre-approval as well)
      3. To prepare the assignment consent agreement, kindly provide: A scanned copy of two (1) pieces of valid photo ID for the assignees (eg. driver’s licence AND passport)The full name, date of birth, current mailing address, email address and telephone number of the assignees; and The name, mailing address, email address and telephone number for the solicitor acting for the assignees. Please note that a passport must be provided due to the foreign buyers ban from the Canadian Federal Government.
      4. There will be a fee to do this; it will be $450.00 + HST ($508.50); payable via bank draft to Robins Appleby LLP In Trust. The draft can be brought to my office and I will provide it to the builder:

      618 King St W

      Kitchener, ON

      N2G1C8

      Office hours:

      9-8 Mon-Thurs

      9-5 Fri-Sun

      If you have any questions, please let me know.

      Thank you,

      *For companies request Articles of Incorporation

      1. After you receive all of the information, you will need to fill out the form in DocuSign. I add all their information on the document as soon as I receive it (send it to yourself in DocuSign to fill out) then I send it for signing and execution once the mortgage letter and lawyer fee is received. Here is the blank form
      2. If you would like any examples, here is one for switching the title to a company, adding a family member on title, or switching to a different person on title all together
      3. Once the document is executed, please update the purchasers in DP, add all IDs and the executed agreement into DP, and send the executed to Christine and Audrey
      4. Upload all received IDs, info and the agreement in Deal Portal.