Document Checklist - Commercial Mortgages

Commercial Mortgage Checklist – Buying a Unit:

  • Networth Statement & Client Engagement letter

  • Commercial Appraisal

  • Environmental Phase 1

  • Lease agreement if its a rental property

  • 2 Pieces of IDS

  • 2 years NOA and T1 generals (complete)

  • Company Financials for the last 3 years


Commercial Mortgage Checklist – Land Subdivision

  • Networth Statement & Client Engagement letter

  • Commercial Appraisal

  • PLA or some sort of document which shows the city is ok with Sub-division

  • Preliminary layout – Engineer does this.

  • Sub-division cost estimation – By civil Engineer

  • 2 Pieces of IDS

  • 2 years NOA and T1 generals (complete)

  • Company Financials for the last 3 years (If Applicable)


Commercial Mortgage Checklist – Building Townhomes / Condos


  • Networth Statement & Client Engagement letter

  • Commercial Appraisal

  • Confirmation of PLA or 3rd reading.

  • Preliminary layout – Engineer does this.

  • Sub-division cost estimation – By civil Engineer

  • Topo Graphical Survey Report 

  • Environmental Phase – 1 Report for site contamination

  • Arborist Report: tree report for design layout purpose

  • Geo Tech Report

  • Lot Layout report

  • Architects Drawings

  • 2 Pieces of IDS

  • 2 years NOA and T1 generals (complete)

  • Company Financials for the last 3 years (If Applicable)

 

(604) 593-1550

(604) 608 5508

12725 80 Ave Suite 202, Surrey, BC V3W 3A6, Canada

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