I have lot of questions so I will try to as short as I can,
Current home A is paid off and we just bought a brand new home B using a home equity loan, closing is next year for that home. I am planning to move out and probably never come back to Canada.
Current home as 3 owner, Me, My bro and My sis..
New House B has Me and my Bro name on it..
1. Can I make a power of attorney by Canadian lawyer, stating that my bro has full right for the current home A and I do not have any interest in it, and behalf of me he can sale, rent or anything he wishes to do with current home A?
If yes, how can I proceed?
2. We have just given few beginning checks for House B and closing is in next year, Do I need to be there to sign an agreement on closing?
Can I just make a power of attorney to have him sign behalf of me?
3. When we get mortgage from bank, do I have to be there to sign mortgage papers?
4. Is there any way I can remove my name from current house A and future house B?
Thank You!!
Current home A is paid off and we just bought a brand new home B using a home equity loan, closing is next year for that home. I am planning to move out and probably never come back to Canada.
Current home as 3 owner, Me, My bro and My sis..
New House B has Me and my Bro name on it..
1. Can I make a power of attorney by Canadian lawyer, stating that my bro has full right for the current home A and I do not have any interest in it, and behalf of me he can sale, rent or anything he wishes to do with current home A?
If yes, how can I proceed?
2. We have just given few beginning checks for House B and closing is in next year, Do I need to be there to sign an agreement on closing?
Can I just make a power of attorney to have him sign behalf of me?
3. When we get mortgage from bank, do I have to be there to sign mortgage papers?
4. Is there any way I can remove my name from current house A and future house B?
Thank You!!