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How to fill out the Form 640 online
The Form 640 is a crucial document for recording real estate transactions in Ontario. This guide provides clear, step-by-step instructions to help individuals accurately complete the form online.
Follow the steps to complete the Form 640 online
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Begin by filling in the Sale No. and MLS® No. at the top of the form. These identifiers are essential for tracking the transaction.
- Insert the name of the brokerage in the designated space. This information is critical for proper documentation.
- Provide the date of the sale in the format requested, ensuring accuracy for legal purposes.
- Next, identify the broker or salesperson by entering their name in the appropriate field.
- Fill in the property details under the Property section, ensuring to describe it comprehensively.
- Complete the seller/landlord and buyer/tenant sections by entering their names and contact information.
- Provide contact details for the lawyers involved in the transaction, including their telephone and fax numbers.
- If applicable, complete the co-operating/listing brokerage section with the necessary brokerage details.
- Specify the total consideration for the transaction, along with details about any deposits being made.
- Complete the sections for total commission and HST, ensuring all figures are accurately entered.
- Confirm all signatures required are obtained, including the signature of the broker of record.
- After finishing, review the form for completeness and accuracy.
- Finally, save your changes, and choose to download, print, or share the completed form as needed.
Take the first step in your real estate transaction by completing the Form 640 online today.
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