Real Estate Lawyer in Etobicoke
Our Real Estate Lawyer in Etobicoke, Toronto can help you with your Purchase, Sale & Refinance. We cater clients in the Etobicoke, Toronto area via our Branch Office is conveniently Located near Etobicoke West Mall, Etobicoke Civic Centre and Loblaws at 10 Four Seasons Place Suite 1000, 10th Floor, Etobicoke, M9B 6H7. We have a transparent Real Estate Lawyer’s Fees Structure is mentioned on our website at Real Estate Lawyer Fees Page. Our Lawyer’s Fixed Legal Fees is $450, a client total Legal Fees and with Law Office Disbursements, it would cost around $810 +HST (Cash Purchase) or $909 + HST (with Mortgage). Fees not included is Land Transfer Tax, Title Insurance, Government Registration Charges ($75 Transfer & $75 Mortgage). For more details, please visit our Real Estate Lawyer Fees Page. Sale & Refinance Legal Fees $450 + Law Office Disbursements $315, which come to a Total Legal Fees and Disbursements is $765 + HST.
Our Lawyers and Staff at Brampton location are fluent in English, Hindi, Punjabi, Urdu, Filipino, and Gujarati.
Etobicoke Real Estate Lawyer Reviews
Ali and the rest of the staff at Shaikh Law made the legal side of my home purchase stress free. They took care of everything and weren’t satisfied until I was comfortable every step of the way. There are so many unexpected things that come up for a new home buyer so making sure that I had a good lawyer was really important to me.
Ali provided excellent service in all categories representing us for our home refinance. I work in law enforcement and therefore deal with attorneys on a regular basis. Ali definitely stands out as a highly professional lawyer who puts his clients first. Ali and his team of professionals kept close communication with me throughout the process and ensured that I was satisfied with his fees and services rendered. I am highly recommending him to my friends, family and coworkers and anyone in need of his services. Thanks Ali for an outstanding job.
Shaikh Law Helped me with my Real Estate Transaction. The whole process was smooth without a problem. I was happy with the services provided by them. I would certainly recommend them!!
What Exactly Does a Real Estate Lawyer Do?
We get this question a lot “What does a Real Estate Lawyer do?” Some client also came up to ask if they could complete the home purchase by themselves. , In this Article, we will try to discuss what a Real Estate Law Etobicoke would do for you.
After you sign the Agreement of Purchase and Sale, the relevant documents will be forwarded to your lawyer who will then perform a search on the Title of the Property. This is to confirm the name of the registered owner of the property and will investigate whether there are any charges or claims of any description against the property you wish to buy. Other tasks your lawyer will take care of include:
- Ensuring all property taxes and outstanding utility bills have been paid by the vendor.
- Reviewing any condo status certificates.
- Checking the status of any outstanding mortgage or other payments that the vendor has against the property and that the vendor is legally allowed to sell the property.
- Ensuring your finance is sufficient and available by the time of closing.
- Checking whether appliances, fixtures, and fittings are included in the purchase price.
- Ensuring all legal requirements are complied with correctly and on time.
- Comprehensively reviewing all documents and insurances relating to the property including those prepared on behalf of the vendor.
In addition, you can be assured that your real estate lawyer will be doing everything necessary to ensure your property purchase is as smooth and hassle-free as possible right up to closing day and beyond when he/she will make sure you receive a ‘Reporting Letter’ with all documents and records.
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.
How to Choose a Real Estate Lawyer
Choosing the right real estate lawyer for you should be something you take your time over wherever possible. A good lawyer should first of all be independent and impartial. Always do your research beforehand, don’t just pick a name at random out of the phone book. Personal recommendation from family or friends is often the best way but if you don’t have access to this method then you could try the Law Society Referral Service. Make sure the one you choose can demonstrate a portfolio that is predominantly real estate work to get a lawyer highly experienced in the field. An added advantage to this fact will be that the lawyer’s clerical staff will also be well versed in the field of real estate conveyancing.
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.