LEGAL ADVICE IN TORONTO FOR RESIDENTIAL & COMMERCIAL REAL ESTATE

RESIDENTIAL TRANSACTIONS

We provide our clients with full service at competitive prices.

What is full service?

Full service is a proven, comprehensive service delivery as described below, which includes with your quoted fee for a residential purchase:

• Preliminary consultation with a lawyer to review your agreement of purchase and sale, to preparing a written projected statement of adjustments and statement of projected expenses necessary to complete your transaction; a discussion which includes what you need to do prior to closing, as to when we meet again, closing procedure, when on the closing date you can expect your keys, how you are taking title.
• Telephone inquires regarding the closing process.
• Meeting with “your lawyer” prior to closing to review and sign all closing documentation and to review closing procedures.
• Comprehensive, bound report and accounting after successful completion of your transaction.

What is the purpose of the Preliminary Consultation?

To identify any misconceptions you may have; to significantly lessen the chance of any last minute surprises, for example, the actual dollar amount required on closing.

We prepare a projected statement of adjustments and projected closing budget as an integral part of the preliminary consultation.

This consultation enables the lawyer to address the following important matters in a timely fashion:

• If there are any apparent problems with this transaction.
• The accuracy of the client’s budget.
• The resolution of any problems and budget difficulties which have been identified.
• Client’s financing, mortgage insurance, title insurance, future realty tax payments and other areas of concern to the client.
• For a first time client – to get to know each other so on your pre-closing (second) attendance you will already have familiarity with the closing process and your lawyer, thereby reducing your stress and uncertainty.

For a sale, we follow the same procedural process except that during the preliminary consultation, we address the net proceeds of sale, including the discharge of mortgages and any applicable penalties.

We want you to have a stress free experience as to all matters within our control. We have been saying to our clients for years that “if it looks like we didn’t do anything, then we have done a great job”.

Compare our work for example to the performance of a professional ice skater. Those triple loops and quads look easy, but in fact are the result of a lot of disciplined practice. It is the same in our business. Experience and attentiveness counts.

To obtain a competitive quotation and/or to arrange an appointment, please call 416-293-6000 or email.