Real Estate Lawyer Brampton
If you are looking for a Real Estate Lawyer in Brampton for your Sale, Purchase or Refinance, with experience in Residential and Commercial Real Estate Transactions then Shaikh Law Brampton branch located at 2 County Ct Blvd Suite 400, Brampton, ON L6W 3W8 can help you. Shaikh Law Real Estate Lawyer in Brampton offers Fixed Legal Fees $450 whether it is a Sale, Purchase or a Refinance.
Our Fees Structure is transparent and there are no hidden charges. Our Real Estate Lawyer will ensure that any possible legal risks are prevented at the very outset of your transaction. Our Lawyers and Staff at Brampton location are fluent in English, Hindi, Punjabi, Urdu, Filipino, and Gujarati.
WHAT TO ASK A REAL ESTATE LAWYER?
- How much is your Legal Fees and Disbursements
At Shaikh Law our Fees are Transparent – No hidden Fees. Please see our Real Estate Lawyer Fees Page
- Any Charges not included in the Fees
Land Transfer Tax, Registration Fees, Taxes & Title Insurance is not included in Qutoes
- How much is your Experience
We close hundreds of files every month and have been in practice since 2013
- Can you close on short notice
A Real Estate file usually takes about an hour to prepare as long as all the documentation is ready. Due to our work-load we request clients to ensure all the paperwork is received by our office a week before closing, if not then rush fees would apply.
- who else would be working on your file?
Usually, a Real Estate Legal Assistant would prepare the file and the Real Estate Lawyer will do the final review to ensure the client is fully protected.
- What information to send to your Broker or Bank
E-mail, Fax, Name of the Real Estate Lawyer or the Company. In our Case client’s need to mention Shaikh Law Corporation Ontario Offices. We are registered is all institutions, therefore, they should already have our information, therefore you just need to give our Name, Email and Fax number.
DO YOU NEED A REAL ESTATE LAWYER TO SELL YOUR HOUSE?
Yes, you need a Real Estate Lawyer Brampton to sell your house because your Real Estate Lawyer will ensure that after you sign the transfer of land you receive full payment for the sale of the property. Your lawyer will not authorize the release of keys until full payment is received by his office or at least the purchaser lawyer is under trust condition to ensure funds will be remitted before keys are released to the buyer. Your Lawyer will also ensure that your mortgage is paid off. Your Real Estate Lawyer will thereafter prepare a statement of accounts along with the final report to show the receipt and payments of sale proceeds.
What can a Real Estate Lawyer Do for you?
When you are buying a property a Real Estate Lawyer Brampton will review your Agreement of Purchase & Sale, if you are buying a condominium then your Lawyer will review your condo certificate also known as Status Certificate. If it is a new built then your lawyer should review your construction agreement to provide Lawyer’s Approval as to form and content. Real Estate will also do title searches, tax searches, verify your identities, check for any defects in the title, as well request a statement of account from vendor’s reflecting any deposits made by the buyer, unpaid or paid taxes, and unpaid or paid condo fees, also request the vendor’s Lawyer to send the keys along with signed transfer documents.
Few days before closing the Real Estate Lawyer’s office will contact the buyer to set up an appointment for in-person signatures. On the date of closing, the lawyer will also request for funds from your mortgage broker or bank.
Once the funds are wired into the account of the Lawyer then the Lawyer will prepare certified cheques to make payment s to the vendor’s Lawyer, pay any property taxes, register the property in the buyer’s name, send letters to the city or municipality informing them of change in title as well as condo corporation. However, it is always advisable to call your municipality and condo corporation yourself because many municipalities do not deal with third parties until the actual owner calls. Once the title is registered in the name of the buyer, then the lawyer will prepare a final report with all account statement to be given to the client as well refund in excess amount held in the trust account.
When to get a Real Estate Lawyer?
Many home-buyers believe that it is not necessary to bring in a lawyer until almost the very end of the transaction in order to do the essential legal searches and money transfers. However, the point at which you bring in your real estate lawyer can make a huge difference when it comes to the overall time and money spent. By getting a lawyer to oversee and review paperwork early on in the process this can help to point out any pitfalls and anomalies and put them right before they have the chance to cause any delays or unnecessary expense. Your real estate lawyer is there to protect your interests so it makes sense to have one in place right from the start.
Buying a Property Which is Yet to be Built
Developers in large urban or inner-city areas frequently offer incentives to induce buyers to sign on the dotted line as quickly as possible. These could be anything from ‘free’ maintenance contracts to extra luxury fittings. However these incentives can often prove to be completely different to what a buyer is expecting. In a situation like this the expertise that a real estate lawyer can bring to the table is invaluable when it comes to understanding just what a buyer is getting from the purchase agreement. They can also point out all the ‘add-ons’ a developer can load onto the headline purchase price and which buyers are often unaware of until the final purchase costs are added up. A real estate lawyer can negotiate on your behalf to cap the closing costs so that there are no unexpected shocks at the end.
House Purchase
Closing Costs
| Legal Fees (Purchase or Transfer) | $450 | |
| Disbursement | $180 | |
| Searches | $180 | |
| Total Legal Fees & Disbursements | $810.00 +HST |
Note: Additional Legal Fees of $99 will be charged for Mortgage Purchase. Therefore total Legal Fees and Disbursement for Mortgage Purchase is $909 + HST. Land Transfer Tax, Title Insurance (estimated $300) and Registration of Documents (estimated $75) are not included.
House for Sale
Closing Costs
| Legal Fees (Including one Discharge of Mortgage) | $450 | |
| Disbursements (Including Law Society Levy & all Expenses) | $315 | |
| Total Legal Fees & Disbursements | $765 +HST |
Note: Additional Legal Fees & Disbursement of $99 will be charged per Discharge of Mortgage or Additional Payout.
Refinance
Closing Costs
| Legal Fees | $450 | |
| Disbursements (Including all Expenses & one Payout ) | $315 | |
| Total Legal Fees & Disbursements | $765 +HST |
Note: Additional Legal Fees & Disbursement of $99 will be charged per Discharge of Mortgage or Additional Payout.
LOWEST LEGAL FEES GUARANTEE
Brampton Office Locations
Real Estate Lawyer Brampton Office
2 County Ct Blvd, Suite 400, Floor 4,, Brampton, ON L6W 3W8
Toll Free : (855) 453 4440
Cell : (647) 207 3309
Fax : (289) 374 6399
E-mail : info@slclawyer.ca
Summary
Reviewer
Akin Smith
Review Date
Reviewed Item
Great People, They helped me with my Purchase. I would strongly recommend.
Author Rating
