Applies to: Canada.
For a Canadian arrangement ending through sale or early completion, the options described by Ijara are to transfer title into your own name or remove Ijara CDC from the trust and retain the trust for estate-planning purposes.
The appropriate route and paperwork depend on what you are doing with the property. Before completion, ask your Ijara processing team and lawyer to confirm:
- Which option applies to your sale or early-completion plans.
- What changes to the title or trust are required.
- Which documents and completion steps you need to arrange.
These changes need to be coordinated as part of completion. Choosing to keep the trust should be discussed with your own adviser in light of your estate-planning needs.
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