Buying, Selling or Re-financing a Residential Property?
What you need to know:
What is conveyancing?
Simply put, conveyancing is the legal process to transfer a property title from one party to another.
What does a lawyer do?
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Protects Your Interests
- Obtains and reviews all relevant documents and details
- Prepares your conveyancing and mortgage documents
- Communicates with the other parties
- Knows the law and helps you resolve any conflict or issues that may arise
- Safeguards your money
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Keeps you Informed
- What to expect;
- What you need to do and when ; and
- Where things are at throughout the transaction (including your money!)
Closing Costs
What types of costs are involved in a Real Estate Transaction?
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Legal Fees
Legal Fees encompass the total cost for the lawyer’s time and expertise.
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Disbursements
The costs that we incur and pay on your behalf. These costs include costs such as:
- Transfer Registration Fee
- Mortgage Registration Fee
- Title Insurance Premium
- A Tax Search or Certificate
- Title Searches
- Miscellaneous (fax, copy, courier, registered mail, etc.)