Using RealtiWeb Ontario for a New Home Sales Transaction
Activating the New Home Sales Bundle
Even though it was originally designed for the residential resale market, you can use RealtiWeb for new home or condominium sales files. If you are acting on behalf of a developer with larger-scale projects, RealtiBuilderSales is the platform designed for this purpose.
On File Opening
When you create a new file and are on the File Opening screen, you will see the File Configuration section after you've selected the Sale transaction type. To activate on file opening, select Yes beside Use New Home Sale Bundle.
In a RealtiWeb Ontario file
On the Basic Information tab go to the File Configuration section. Click the blue Activate link beside the Use New Home Sale Bundle. This is available only on sales transactions.
Property Tax Adjustments
On the Statement of Adjustments tab, use the Add Adjustment button and select Property Taxes from the dropdown. Select the Type of Tax Bill and complete the rest of the information as required.
The default Statement of Adjustments Text is displayed at the bottom of the Tax Adjustment screen. You can change this wording by selecting Overwrite Default Text Below. There are pre-configured options accessible by clicking the selection icon. These options include:
- Final Tax - Expanded Table
- Interim Tax - Expanded Table
- Previous Year Tax - Expanded Table
Statement of Adjustments
Clicking on the Create Document - Statement of Adjustments button will generate the new sales format of this document.
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Related Categories
Billing, Accounting Integrations, Admin Functions & Reports
File Creation, Document Creation, and other general topics
Province-specific information for AB clients
Province-specific information for BC clients
Province-specific information for MB clients
Province-specific information for ON clients
Province-specific information for NS clients
Province-specific information for SK clients
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