The answer

Follow the lawyer's written deadline and approved payment method after the firm provides its current trust instructions and closing estimate. Leave time for institutional holds, transfer limits, source-of-funds or lender requirements, and statement changes. Never rely on payment instructions changed only through an unexpected email or message; verify them through a trusted independently sourced firm contact.

Calgary-specific context

The required balance can change with the deposit credit, lender advance, property-tax or condo adjustments, legal fees and disbursements, title-related costs, credits, GST treatment, and other contract-specific items.

What to do next

Ask for the preliminary cash estimate, final-statement timing, accepted payment methods, transfer cutoff, identification and source requirements, and trusted verification contact before moving large funds.

Related guides

buyer guideCalgary Cash to Close and Statement of Adjustments GuideReconcile deposit credit, remaining down payment, lender funds, legal fees and disbursements, title costs, tax and condo adjustments, credits, holdbacks, GST questions, moving, immediate work, and reserve against the lawyer's final statement.Interactive toolCalgary Closing Cost CalculatorEstimate cash needed beyond your down payment for a Calgary purchase.buyer guideCalgary Closing Lawyer File and Signing GuideOpen a Calgary buyer or seller lawyer file with the complete contract, amendments, identity and signing context, lender or payout information, title or RPR, condo or tenancy records, repairs, fees, trusted payment instructions, deadlines, and urgent-contact path.Interactive toolCalgary Closing and Possession PlannerPlan Calgary closing and possession readiness across lawyer file, cash to close, insurance, utilities, walkthrough, condo move-in rules, RPR/title items, keys, movers, sale proceeds, and post-possession repairs.

Verify before relying

Official sources for this topic

These sources explain the rules and records relevant to this topic. Check the current requirements for your property.

RECA consumer informationAlberta real estate consumer guidance.Alberta King's PrinterOfficial Alberta legislation source for source-linked legal topics.

Check the current information at the linked source. Ask the appropriate professional how it applies to your property.

Important

This is general information, not legal advice. Speak with a qualified lawyer about your specific situation.

RELATED GUIDES / Buying & financing

Check your financing for the specific property.

A pre-approval is not final financing. Confirm the property, appraisal, insurer, cash to close and lender conditions before deciding whether to remove a financing condition. A planning score cannot authorize a purchase.

Official verification: FCAC: getting pre-approved for a mortgage ↗

Affiliated network resources provide context. Confirm rules, approvals and property records with the responsible authority.