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Issue link: https://digital.canadianlawyermag.com/i/50801
HANG UP YOUR RUNNING SHOES The discharge notification feature notifies the vendor's law firm of the registration of a discharge on the property – reducing the uncertainty regarding the discharge status and minimizing calls to lenders. Quickly and easily communicate the discharge particulars to the purchaser's law firm with a click of your mouse. REAL ESTATE CLOSING FUNDS MANAGEMENT FROM YOUR DESKTOP IT IS TIME TO STOP RUNNING. The Closure® service* enables lawyers to securely manage the transfer of real estate closing funds online reducing the need for certified cheques, bankdrafts, direct deposits and couriers. You can send proceeds to other Closure participants to pay out a mortgage, to the vendor's lawyer's trust account and to others, such as builders, from your computer. And the service is web based – there is no need to install software. You and your practice benefit from the greater efficiency and reduced administrative burden allowing you to close your deals earlier in the day. Now you can submit your documents for registration using the Teraview® the closing funds with the Closure service, all without leaving your office. But don't just take our word for it, here's what your peers are saying: "With Closure, funds travel between law offices and to lenders for payouts with the click of a mouse, per diem interest charges are reduced or eliminated, and the deals close earlier. All of which makes for satisfied clients, relaxed staff and productive lawyers. We've happily hung up those running shoes!" JOHANNA L. MAKI, CARREL+PARTNERS LLP (THUNDER BAY) * The Closure service can only be used for real property closing transactions in the province of Ontario. Access to and use of the Closure service are subject to the terms and conditions, availability and pricing provided at www.closure.ca, all of which can be changed without notice. © 2008 Teranet Enterprises Inc. Closure is a registered trademark of Teranet Enterprises Inc. The Closure service is patent pending. Teranet, Teraview and the Gateway design are registered trademarks of Teranet Inc. All other trademarks and trade names are the property of their respective owners. All rights reserved. software and manage the transfer of CONTACT US For more information and to register for the Closure service, visit www.closure.ca or contact us at: 416-360-1190 press 5 1-800-208-5263 press 5 info@closure.ca 3682/08.08