Real Estate Law Services
In The GTA
As seasoned Real Estate lawyers in the GTA, we recognize the significance of having a support system when dealing with real estate transactions. Our team is committed to offering you top-tier legal counsel and guidance to empower your real estate endeavours. Whether you need guidance on selling a property, buying a property, refinancing, commercial real estate, title transfers, or any other area of real estate law, we’re here to support you every step of the way.
Our Services
Our team ensures the transfer of ownership and clear title to the property are provided to the buyer on closing.
During the transaction, the purchaser’s solicitor has the following duties:
- Review the Agreement of Purchase and Sale and advise the Buyer of any potential issues.
- Carry out necessary title searches to ensure that a clear title can be obtained on closing;
- Submit title requisitions to the vendor’s solicitor;
- Review responses to requisitions and address any deficiencies;
- On receipt of mortgage instructions, prepare and execute closing documentation with the purchaser;
- On the day of the closing, transfer closing funds to the vendor’s solicitor and complete title registrations in accordance with client instructions;
- Report to the bank and the client;
Mortgage Refinance
Our team ensures accurate document preparation and guides you through complex legal procedures. We resolve any legal issues or disputes arising during the process, addressing property taxes, insurance requirements, debt consolidation, and more. We guarantee that all documentation is correct, funds are disbursed appropriately, and your refinance runs smoothly from start to finish.
Pre-construction Condos
Buying a pre-construction condo is different than buying a resale house or condo that is already built and lived in. This type of investment might have some risks, hidden costs and complicated contract terms. Like in any real estate transaction, having an experienced Real Estate Lawyer by your side will make this process easier.
For a Seller, a solicitor has the following duties once retained:
- Obtain a payout statement from existing lenders (if any);
- Responding to purchasers’ requisitions and other communications
- Prepare and execute closing documents;
- Receive closing funds from the Buyer;
- Release transfer for registration;
- Disburse funds in accordance with client instructions;
- Report to the client;
Purchasing or selling commercial real estate entails complexities and substantial financial investments that set it apart from other property transactions. Whether you’re acquiring a factory, retail outlet, workshop, or office space, navigating these intricate deals demands expert legal guidance. At Nava Wilson LLP, we specialize in providing the right kind of legal assistance that ensures your commercial real estate ventures are conducted seamlessly and securely. With our wealth of experience, we safeguard your interests, making your commercial property acquisitions a wise and legally sound decision.
Private Lending
Our firm is well-equipped to assist both lenders and borrowers in private mortgage transactions. Whether you’re lending money for personal or investment reasons and wish to secure it against the borrower’s real estate, we’ve got you covered
File Transfer
If you want to transfer ownership of a property to either add or remove an individual from the title, our services are here to provide you with expert guidance.
Why Choose Us
Transparent
We value proactive and transparent communication to ensure our client’s peace of mind.
Experienced
Seasoned lawyers and team equipped to offer professional and smooth legal services
Accessible
Both in-office and virtual signing options to meet every client’s needs.
How We Work
Virtual Real Estate Closings
Real Estate mode easy. We offer virtual real estate closings with enhanced client interactions.
Try our cost calculator below and get started today.
Land Transfer Tax Calculator
When transferring residential property in Ontario a Land Transfer Tax is charged, based on the purchase price of the property. There is a reduction of the Tax for HST, if the property purchased is a newly built home. The Ontario land transfer tax is payable by the purchaser when the property is Transferred and the Deed of Land Registered.
The City of Toronto (416 telephone area code, bounded by Steeles on the North, Western boundary of Etobicoke, Eastern boundary of Scarborough and Lake Ontario’s shoreline on the South) has an additional Land Transfer Tax.
To help offset the unwelcome cost, Ontario, British Columbia, Prince Edward Island and the City of Toronto offer land transfer tax rebates for first-time homebuyers.
Asking price
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The Role of a Real Estate Lawyer in Ontario
When choosing a lawyer for your real estate needs in Ontario, it’s crucial to pick an experienced one. Experienced real estate lawyers understand the complexities that can arise during home sales and work diligently to protect your interests.
In Ontario, lawyers handle residential and commercial transactions. We review documents, conduct due diligence searches, prepare closing paperwork, and ensure the transaction aligns with the Agreement of Purchase and Sale.
For residential real estate, we assist with buying, selling, leasing, renting, and property disputes. We can also provide guidance on property transfers and family or inherited properties.
In commercial transactions, we advise on zoning issues, perform due diligence, and review lease contracts, focusing on the various steps involved in real estate deals.
A qualified Ontario real estate lawyer simplifies the process, saving you time and money. In Ontario, you can’t buy or sell property without a real estate lawyer because they are the only ones authorized to register transactions through “Teraview,” the government’s land records database. Lawyers are essential for all real estate transactions in the province.
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Frequently Asked Questions
A real estate lawyer in Ontario assists with legal aspects of property transactions, ensuring compliance with laws and regulations. They review contracts, conduct searches, address title issues, ensure funds are securely transferred between buyers and sellers and facilitate the closing process.
In Ontario, you can't buy or sell property without a real estate lawyer because they are the only ones authorized to register transactions through "Teraview," the government's land records database. Lawyers are essential for all real estate transactions in the province
They review contracts, conduct searches, address title issues, ensure funds are securely transferred between buyers and sellers and facilitate the closing process.
Fees vary but often include legal fees, disbursements, and land transfer taxes. It's best to get a quote upfront.
Yes, real estate lawyers can handle both residential and commercial transactions. Some lawyers will specialize in either residential or commercial real estate.
They ensure funds are transferred, title is transferred correctly, and all documents are properly filed.
Look for experience, a clear fee structure, and good communication skills.
While they don't provide financing, they can explain mortgage terms and help with legal aspects of financing.
A real estate lawyer will work to resolve any title issues and ensure a clear transfer of ownership.
In many cases, the same lawyer can handle both the property purchase and mortgage transaction, streamlining the process
