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Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

Statement of debits and credits between vendor and purchaser of a property, such as the purchase price, the deposit made at the time of submitting the offer to purchase, prorated taxes, fire insurance premium, if being taken over by purchaser, etc., and, finally, the balance due on closing.  2, record 1, English, - statement%20of%20adjustments

Record number: 1, Textual support number: 1 OBS

The statement of adjustments should be looked upon as the check list for the transaction - while preparing to close, on closing, and later reporting to your client. Therefore the sooner it is operating as a check list, the better for both the vendor’s solicitor and the purchaser’s solicitor. (Lamont, "Real Estate Conveyancing", 1976, p. 244).  1, record 1, English, - statement%20of%20adjustments

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 OBS

état des rajustements : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 1, French, - %C3%A9tat%20des%20rajustements

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Closing funds. On the statement of adjustments, the balance due on closing should be divided to show the amount payable to the mortgagee in accordance with the mortgage pay-out statement and the balance of the funds payable to the vendor or to the vendor's solicitor in trust.(L. S. U. C., Real Estate, 1995, p. 10A-4)  1, record 2, English, - closing%20funds

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

solde de clôture : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 2, French, - solde%20de%20cl%C3%B4ture

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

It very often comes as quite a shock that the balance due on closing is substantially higher than the stated down payment.("Lamont, Real Estate Conveyancing", 1976, p. 51).  1, record 3, English, - balance%20due%20on%20closing

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

solde de clôture : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 3, French, - solde%20de%20cl%C3%B4ture

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

[Office of the Superintendent of Financial Institutions]. This adjustment is the balancing item necessary to have the closing balance above agree with the Balance Sheet amount of subordinated debt at the end of the period. The adjustment arises because subordinated debt may be issued in foreign currency. This means that the outstanding balance of subordinated debt(expressed in Canadian currency) may fluctuate due to foreign currency translation.  1, record 4, English, - foreign%20currency%20translation%20adjustment

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 CONT

[Bureau du surintendant des institutions financières]. Ce rajustement est un élément d'équilibrage nécessaire pour faire correspondre le solde de fermeture du poste 1 a), aux montants de dettes subordonnées figurant au Bilan, à la fin de la période. Ce rajustement est nécessaire parce que des dettes subordonnées peuvent être émises en devises, ce qui signifie que les soldes des dettes subordonnées en circulation (exprimés en dollars canadiens) peuvent varier en raison de la conversion en devises.  1, record 4, French, - rajustement%20pour%20conversion%20en%20devises

Record 4,  Textual support,  Spanish