Real Estate Law

Pricing for Purchases and Sales:

Standard Residential Sale Fee: $850 plus HST *

* This pricing is for a Standard Residential Sale Transaction and includes all fees for legal services and disbursements and the discharge of one mortgage or secured line of credit, save and except for HST. Our legal services on a residential sale file include: agreement reviews; preparation of the closing documents; paying out one mortgage or secured line of credit; responding to the requisition letter; all internal disbursements (i.e., copies, couriers, paper, filing etc.); one meeting with a lawyer in a professional setting to sign up closing documents, providing you with the balance of proceeds; reporting to you.

Not included in a Standard Residential Sale Transaction: Additional charge of $30 per additional mortgage or loan payouts (beyond the first payout), and government charges if applicable.

Non-Standard Residential Sale Transactions are subject to different fees. These types of transactions include, but are not limited to: transactions received 5 business days or less before closing; separation sales where funds are held in trust; out of office sign-ups where permitted; out of Province; POA, Estate; and any other matter that goes beyond the scope of a typical residential sale transaction (i.e., significant negotiations re: changes to the agreement etc.)

Standard Residential Purchase Fee: $995 plus HST **

** This pricing is for a Standard Residential Purchase Transaction and includes all fees for legal services and disbursements, third party charges and other amounts except for the HST, Land Transfer Tax, Government document Registration Fees, fees charged by government, Teranet fees, the cost of a condominium status certificate if applicable, off title searches if requested (ie. taxes, zoning etc.), payment for letters from creditors’ lawyers and any title insurance premium.

Our legal services on a residential purchase file include: agreement reviews; preparation of the closing documents; reviewing first mortgage instructions; preparation of first mortgage documents; conducting a title search and preparing the requisition letter; arranging title insurance policy; all internal disbursements (i.e., copies, couriers, paper, filing etc.); meeting with a lawyer in a professional setting to sign up closing documents; reporting to you.

Non-Standard Residential Purchases are subject to different fees. These types of transactions include, but are not limited to transactions received 5 business days or less before closing, properties located outside of the Greater Toronto Area where out of town title searchers are required, non-institutional mortgages and multiple mortgages or lines of credit (beyond the first mortgage), out of office sign-ups where permitted; and any other matter that goes beyond the scope of a typical residential purchase transaction (i.e., significant negotiations re: changes to the agreement, multiple unit properties, etc.)

 

Pricing for Mortgage Refinancing:

$795.00 plus disbursements, plus HST