Who do I contact for unit appraisal?
The Appraisal Institute of Canada (AIC) is Canada’s leading real property valuation association with over 5,600 members across the country and around the world. Click here to use the online [...]
I’m closing soon, what should I do?
If you haven’t already provided us with your lawyer’s information, please email it to invest@trumanhomes.com and client.truman conveyancing.canada@dentons.com. Be sure to clearly include [...]
When do we need to fill out and sign New Home Warranty Insurance?
As the purchaser, you do not need to enroll in the Alberta New Home Warranty program yourself. Upon possession, you will receive the warranty certificate and builder number. Within two weeks of [...]
Can the price increase at closing?
There is no escalation clause, the price will not increase on closing.
Are there any hidden fees on closing?
No. There are no hidden costs such as levies or transfer taxes. One big advantage in Alberta is that there is no land transfer tax or sales tax. Your purchase price does not include GST, unless [...]
My mortgage broker is inquiring about schedules, where can I find them?
Refer to the highlighted website link noted near the end of your purchase contract that includes a direct link to all condo disclosure documents.
Am I allowed to assign my purchase?
You may request an assignment; however, approval will depend on the specific project and the stage of its progress. Reach out to your sales agent to start the process and obtain the necessary consent.
What are the closing costs in Alberta on a new condo?
Closing costs will apply for a legal representative to handle your property conveyance in Alberta, and these costs may vary depending on the property’s value. The representative doesn’t [...]
How does closing work when I am not there?
On closing day, a member from our service team will attend the walk-through, identify any deficiencies and email a copy of the warranty letter of possession for the customer to sign to complete [...]
