sale of Immovable Property (26QB)

Real estate brokerage services involve intermediaries, often licensed real estate agents or brokers, who facilitate the sale of immovable property between buyers and sellers.

Mortgage financing is a type of financial service that provides funds to buyers to purchase immovable property. Lenders, such as banks, credit unions, or mortgage companies.

Title insurance is a financial service that protects buyers and lenders against financial losses arising from defects in the property title or ownership disputes.

Escrow services play a crucial role in real estate transactions by providing a neutral third-party intermediary to hold funds and documents during the sale process.

Property valuation services provide an assessment of the fair market value of immovable property, helping buyers, sellers, and lenders make informed decisions.

Legal and conveyancing services involve legal professionals, such as real estate attorneys or conveyancers, who handle the legal aspects of real estate transactions.

Listing the Property for Sale

Marketing and Finding Buyers

Offer Acceptance and Agreement

Due Diligence and Inspections

Recording and Transfer of Ownership

Post-Sale
Obligations