Are you selling a real estate property in Nova Scotia? Use this easy template Direction to Pay Proceeds from Sale, to authorize and give directions to your lawyer as to how the sale proceeds are to be paid out.
This Nova Scotia Direction to Pay Sale Proceeds form is provided in MS Word format.
[LETTERHEAD OF CLIENT] November 1, 2012 [solicitor] [address] Dear Sir/Madam: Re: Sale from [Vendor] to [Purchaser] Property Address: [property address] This letter is to authorize you, in connection with the sale of the above-noted property by [vendor], to: 1. Direct that all funds payable to [vendor], by cheque or otherwise, as a result of the above noted sale, to be made payable to “[LAWYER], IN TRUST”; 2. Pay from the funds received by you, any and all outstanding mortgages or encumbrances against the property or, alternatively, to make appropriate arrangements for the discharge or assumption of all outstanding mortgages and encumbrances on the property, to pay any outstanding real estate taxes on the property; to pay any real estate commissions owing as a result of the sale of the Property, your legal fees, and any other fees and expenses on the transaction normally occurring; and 3. Make such arrangements as you in your discret
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