What Happens on Closing Day When You Buy a House in Manitoba?

This answer covers the law of Manitoba.

A typical closing day in Manitoba involves signing final documents, arranging the funds, registering the transfer and handing over the keys, but the exact steps and timing depend on your purchase agreement. Land titles registrations in Manitoba are electronic and run through Teranet Manitoba.

Registration is completed when the certificate of registration is signed or data is accepted in the electronic information system, and it takes effect from the day the instrument is assigned a serial number. Land transfer tax is due on registration of the transfer of title. That tax is generally payable by the buyer, with some exceptions, plus a registration fee.

Your lawyer can tell you exactly what to sign, what funds to bring and when keys are released, because those details come from your purchase agreement and the lawyer's own closing process. Before you sign, ask what closing documents you will be asked to review and what each one shows, since how this applies depends on your situation, so it is worth confirming with a lawyer. Confirm that your home insurance is in place and that you know where to pick up the keys. Ask in advance what you need to bring and how much.