Here are the latest updates to RealtiWeb for Ontario and Alberta!

RealtiWeb - Ontario

NEW FORMS/FORM UPDATES/FIXES

  • New forms! National Bank of Canada Lawyer's Report on Mortgage and Request for Disbursement, Client and Tax Profile and Identification Verification Form
  • New! Macquarie Financial Limited Final Report and Identification Verification Form
  • New! Schedule – First National Financial LP
  • New! Real Estate – Letter Re Amount Owed From Broker
  • Royal Bank of Canada Request for RBC Homeline Plan Funds updated
  • HSBC Final Report brings in additional information
  • Town of Milton - Property Information Request form updated
  • City of Burlington – Property Information Request form updated
  • Halton Region Health Department – File Search Request form updated

NEW AND UPDATED FEATURES

  • Default entries can now be made for account entries and amounts for fees and disbursements. In your Firm or Lawyer settings on the Tools menu, there is a new section to enter fees and disbursements. Note that when you create a new file, these fees and disbursements will come into each file. Existing files will not be affected.
  • You now have the ability to customize re-lines in Firm Settings or Lawyer Settings (on the Tools menu) by entering your preference for purchase from, sale to, mortgage to wording.
  • Modifying bank forms: The words Plus/Minus have been added to some bank forms. When this appears in a form, delete the appropriate word (using the hyphen).
  • Additional Addressee selections: In documents, you are able to select transferee pre/post closing and transferor pre/post closing as options for the addressee field.
  • OREA forms: Additional pages added for the Amendment to the Agreement of Purchase and Sale
  • New fields for purchaser and vendor's email, cell phone, home phone and home fax
  • Link in the Docs Tab drop-down to the Government of Ontario, Central Forms Site
  • Ability to create a WillPowerWeb file from RealtiWeb. There is a new link is under the Basic Tab dropdown: Create WillPowerWeb File. WillPowerWeb is LawyerDoneDeal's amazing new web-based Wills program. Find out more about it at www.lawyerdonedeal.com/wills.asp.
  • Ability to display clauses in the clause library in newly sequenced lists for easier clause access. The choices are 'All Clauses', 'LDD Clauses' and 'My Clauses'
  • Mortgage reference numbers are added to Re lines in letters going to the mortgage lender

RealtiWeb - Alberta

DEPOSITS AND COMMISSIONS

The new deposit drop-down lets you specify who each deposit is being held by: the Seller's broker, the Purchaser's broker, the Lawyer or the Seller.

Depending who is holding each deposit, the system will calculate correctly how much is owed to or from the vendor's or purchaser's broker after commission, and display those amounts at the bottom of the broker areas and also the Trust Statement and …

Depending who is holding each deposit, the system will calculate correctly how much is owed to or from the vendor's or purchaser's broker after commission, and display those amounts at the bottom of the broker areas and also the Trust Statement and Closing Funds Summary.

NEW MORTGAGE DOCUMENTS!

The Mortgage documents are now packages of the lenders original documents from their web sites. They include documents such as the following, according to the particular financial institution: (note that the forms, names of the forms, and order of the forms will vary with the lender)

  • Charge/Mortgage form
  • Dower - Consent of Spouse
  • Schedule(s)
  • Certificate of Acknowledgement of Spouse
  • Dower Act Affidavit
  • Affidavit of Execution

If a part of the package of documents for a particular financial institution does not apply for a particular file, then the form will be produced, but no data will be filled in for that form. Pages are numbered sequentially, whether data is filled into a particular form or part of a form. Note that Corporate Affidavits do not form part of the packages. If you previously produced packages for these bank forms, you will no longer need to do so!

DEFAULT ENTRIES FOR ACCOUNTS

This new feature allows you to set up default entries for account fees and disbursements. In your Firm or Lawyer settings on the Tools menu, there is a new section to enter fees and disbursement descriptions and amounts. When you create a new file, these fees and disbursements will come into each file. Note that existing files will not be affected.

NEW AND UPDATED FORMS

  • New! First National Financial LP Request for Funds and Final Report
  • Updated First National Financial LP Mortgage Form and Schedules
    Real EstateIrene WardRealtiWeb, Ontario, Alberta, New Feature, UpdatesComment