Residential Real Estate
Having an experienced and affordable real estate lawyer on your side will put you at ease during such a significant financial transaction.
At One80 Law, we pride ourselves on our legal team’s proven ability to make your home sale, purchase or refinance run as seamlessly and as stress-free as possible.
For purchases, sales and refinancings, our real estate lawyers have you covered. Best part of all, we offer virtual signings for all your documents to save you time and money!
The real estate market is constantly changing.
Areas Served
Areas Served in British Columbia
| Abbotsford | Burnaby | Campbell River | Chilliwack |
| Coquitlam | Courtenay | Cranbrook | Delta |
| Kamloops | Kelowna | Langley | Maple Ridge |
| New Westminster | North Vancouver | Port Coquitlam | Port Moody |
| Prince George | Richmond | Surrey | Vancouver |
| Vernon | Victoria | West Vancouver | Whistler |
Areas Served in Alberta
| Airdrie | Banff | Beaumont | Brooks |
| Calgary | Camrose | Canmore | Chestermere |
| Cold Lake | Edmonton | Fort McMurray | Fort Saskatchewan |
| Grand Prairie | Lacombe | Leduc | Lethbridge |
| Lloydminster | Medicine Hat | Okotoks | Red Deer |
| Sherwood Park | Spruce Grove | St. Albert | Wetaskiwin |
Areas Served in Ontario
| Toronto | Ottawa | Mississauga | Brampton |
| Hamilton | London | Markham | Vaughan |
| Kitchener | Windsor | Oakville | Richmond Hill |
| Burlington | Oshawa | Greater Sudbury | Barrie |
| Guelph | Cambridge | Whitby | St. Catharines |
One80 Law Real Estate Lawyers
An investment in real estate is a major decision. Sometimes – as in the case of buying a home – it’s the biggest investment in a person’s life. Residential real estate is costly; therefore, it is advisable to have a real estate lawyer on board when purchasing, selling or refinancing.
Several laws and procedures apply to the sale, purchase and refinancing of real estate. These can be tenuous and complex, especially for someone new to the real estate market. Furthermore, failure to comply can result in costly and irreversible mistakes.
At One80 Law, we represent buyers, sellers and those looking to refinance their homes. Our knowledgeable and experienced real estate lawyers can provide expert guidance and advice throughout your transaction.
Do I Need a Real Estate Lawyer?
The short answer is yes. Your lawyer is responsible for handling all legal aspects of the real estate transaction, holding funds in trust and distributing funds to the relevant parties. Mortgage lenders and other financial institutions will not refinance or advance loans to new homeowners without a lawyer. Let the real estate lawyers at One80 Law give you the peace of mind you deserve.
How Can Our Real Estate Lawyers Help You?
Generally, real estate lawyers are there to protect your rights and interests whether you are a buyer, a seller or you’re refinancing a mortgage. Below are some of the specific ways in which we can help you.
Provide Counsel
The process of buying or selling real estate can be overwhelming and confusing. At One80 Law, we remove confusion and anxiety from the equation. We’ll keep you informed, answer any questions and guide you at every step of the transaction for a smooth experience.
Draft and Review Contracts
Real estate lawyers draft and review contracts and other documents to ensure that the terms are as you’ve agreed and the documents are comprehensive and legally sound before you sign. The documents may include purchase agreements and mortgage and transfer records. At One80 Law, we negotiate on your behalf to get you the best deal possible.
Handle Disputes or Litigation
Unfortunately, real estate transactions are not immune from disputes or litigation. For example, our real estate lawyers can represent you in cases where the ownership of a property is in question. Should the matter advance to trial, we can also represent you during the litigation process.
Represent You During Mortgage Refinancing
One80 Law’s real estate lawyers also assist clients as they refinance a mortgage. Refinancing involves negotiation with the lending institution to replace an existing mortgage with a new one. The new mortgage is used to pay off the old one. With a refinancing, a new principal and interest rate typically apply. Refinancing allows homeowners to access equity in their homes.
Conduct Title Searches
Title searches are necessary to ascertain whether a title is free and clear of issues that might cause its dispute. The search involves examining public documents in the Land Titles Office, clerk’s office, local courthouse or deed registry, among other sources. Issues can include:
- Outstanding taxes.
- Liens against the property.
- Flaws in the property deed.
- Unpaid mortgages.
- Outstanding loans.
- Pending foreclosure.
- Judgements or claims against the owner or property.
Prepare or Review Closing Documents
Real estate lawyers will represent you throughout the closing process and ensure the transaction is completed within the requisite timeline and meets all legal and financial conditions. They also ensure that all relevant documents, including the deed, are accurately and properly prepared and filed. At closing, money is paid, and the title is transferred to the buyer.
What does a Real Estate Lawyer do?
Purchase
- Review all relevant documents including the Purchase Agreement, Certificate of Title and Real Property Report
- Complete of all mortgage requirements to enable funding of mortgage
- Explain documents to you and answer any follow up questions
- Ensure a timely closing of the transaction
Sale
- Complete all documents to facilitate a smooth closing
- Provide accurate statement of adjustments for items such as property taxes, condominium fees, and homeowners association dues
- Explain documents to you and answer any follow up questions
- Complete discharge of the your responsibilities in relation to the property
- Payout and closing of any mortgages and real estate commissions
- Timely delivery of closing funds to you
Refinance
- Review of all documents, including lender instructions
- Prepare mortgage documentation and complete all mortgage requirements to enable funding of the loan
- Explain documents to you and answer any follow up questions
Affordable Real Estate Legal Fees
Purchase starting at
$1495*
*plus GST and disbursements
Sale starting at
$1095*
*plus GST and disbursements
Refinance starting at
$1695*
*plus GST and disbursements
PLEASE NOTE: Legal fees are subject to change without notice. Additional charges apply but are not limited to for title insurance, real property report, additional mortgage, title transfer, dower release, more than two payouts, non-major lender mortgage, encroachment agreement, relaxation permit, encumbrance review, additional title searches, late closing, construction draw mortgage, holdback, bridge financing, out of town signing, rush transaction, assignment of rent, overnight or additional couriers, and estoppel and insurance certificates etc.
What Our Customers Say
Are You Ready to Sell, Purchase or Refinance a Property?
At One80 Law, our knowledgeable and experienced real estate lawyers have helped many clients with their real estate transactions and we would love to help you too!
CONTACT US HERE
Calgary Real Estate FAQs & Articles
