Real Estate Law Made Simple
Lowest Price Match Guarantee, 5 Star Reviews. Remote Video Signings.
Real Estate Lawyer Toronto
Real estate lawyer Toronto services from SimpleClosings.ca. Real estate law is all we do. We have the experience to get your real estate transaction done correctly, without any hiccups, and on time. Buying or selling real estate is already a complicated and stressful time, you do not need the added stress of an incompetent lawyer making mistakes. We want to make it as simple as possible for you to complete your transaction. This is why we offer mobile and remote video signings, with experienced lawyers walking you through each and every step of the transaction.
If you are in need of a real estate lawyer in Toronto, you’re in luck. Toronto is home to some of the best real estate lawyers in the country, who can help you navigate the complex world of real estate law.
When it comes to real estate, it’s important to have an experienced lawyer on your side. Whether you’re buying, selling, or leasing property, there are a multitude of legal issues that can arise. From negotiating contracts to dealing with disputes, a Toronto real estate lawyer can help protect your interests and ensure that your rights are protected.
If you’re looking for a real estate lawyer in Toronto, there are a few things you should consider. First and foremost, you want to find a lawyer who has experience in the field. Look for a lawyer who has handled a variety of real estate transactions and has a track record of success.
You should also consider the lawyer’s reputation and references. Look for a lawyer who has a good reputation in the industry and has received positive feedback from clients. You can also ask for references from other real estate professionals or friends who have worked with the lawyer in the past.
In addition to experience and reputation, it’s also important to find a lawyer who you feel comfortable working with. You’ll be working closely with your lawyer throughout the process, so it’s important to find someone who you feel understands your needs and can communicate effectively.
Overall, finding a good real estate lawyer in Toronto is essential to a smooth and successful real estate transaction. Do your research, ask for references, and choose a lawyer who has the experience and reputation to help you navigate the complex world of real estate law.
We strive to be the most simple and easiest way for you to complete your real estate transactions. No fluff, no fuss.
Multiple locations in GTA
We have several offices across the GTA and also offer in person mobile signing and online video signings.
5 star reviews
We have stellar online ratings and do everything possible to make sure you are 100% satisfied. Get started today!
We also specialize in commercial real estate
Some of the biggest companies in the world have worked with us.
Frequently Asked Questions
What is land transfer tax?
Land transfer tax is a provincial tax levied when a client acquires a property and is calculated based on the value of the property. Land Transfer Tax is paid at the time of registration of a transfer. Properties acquired in Toronto are subject to municipal tax in addition to the provincial tax payable to the City of Toronto.
As a first-time home buyer, what do I need to know?
First-time home buyers may be eligible for a refund of all or part of the Land Transfer Tax. This refund applies to new or resale homes. To be eligible for this refund, you must be 18 years of age, the new property must be your principal residence within 9 months of closing, and you cannot have previously owned a home anywhere in the world. Eligibility is also impacted by your spouse owning or having an interest in a residential property after marriage.
What are other costs of buying a home?
Some other costs could include adjustments for taxes, title insurance, property
insurance, registration fees and moving expenses. There may be additional costs if the transaction is not closed as scheduled.
What is title insurance?
Traditionally, a lawyer’s opinion on title was used for confirmation of accuracy of title. However, no lawyer can completely assure a buyer that there are no errors in government records. Tittle insurance is a form of coverage for unknown liens against the property, conflicting ownership interests, encroachment issues, and fraud from your closing date and onward. It protects your title to the property. When there is a mortgage on the property, the majority of Lenders require title insurance as a mandatory requirement.
What is Tarion?
Mandated by the Ontario New Home Warranties Act, every new home requires a warranty provided by the builder and guaranteed by Tarion Warranty Corporation. Coverage of this warranty includes protection against defects in the property itself, delayed closings or delayed occupancies without proper notice, and for condominiums, includes common areas of the building.
Do I need home insurance?
If you are purchasing a condominium, the condominium corporation will provide you with adequate coverage for the building. However, you may want to look into personal content coverage as well. When purchasing a house, home insurance is a requirement that most institutional lenders require before advancing your mortgage funds.
I am a non-resident of Canada. What happens when I want to sell my property?
Through an accountant, you will have to apply for a non-residency clearance certificate. 25% of the property gross sale price will be held back (by the seller’s lawyer, in trust) until the clearance certificate is obtained by your accountant and will need to be submitted within 10 days of closing. Normally this process can take from 60 to 90 days.
Does my spouse need to consent to the sale of my property?
If you are legally married, your spouse must consent to the sale of your matrimonial home. A property is considered a matrimonial home when one party has an interest, and it is ordinarily occupied by that person and spouse. If one party does not provide consent, the documents will not be accepted by the Real Estate Lawyer acting on the buyer’s behalf. Different rules apply for common law.
I am buying a condominium in Ontario. What is a status certificate?
A status certificate is a document provided by the condominium corporation that provides a buyer of an overview of the unit. This must be provided within 10 days of the request and can result in the buyer incurring costs of up to $100.00. It is important to have this status certificate reviewed prior to signing the Agreement of Purchase and Sale as information on this document can indicate whether the current owner is in default of monthly common expenses and other information that may impact your choice in purchase.