Real estate lawyers may charge either an hourly rate or a flat fee for a specific service. For hourly rates, typical lawyer fees can range from $150 to $350 per hour. You can set limits on the number of hours your lawyer spends on your particular transaction by creating a retainer agreement. For real estate lawyers that have a fee schedule for certain services, fees will vary depending on what service is provided.
As soon as possible. You’ll want a real estate lawyer in your corner before you sign the Agreement of Purchase and Sale. You want someone qualified to review the agreement to ensure the clauses and conditions are in your best interests. If you’ve already signed it, we can help you become familiar with your rights, obligations, and specifications of the contract that need to be completed before the sale is finalized.
When you buy land in Ontario, you pay a certain amount of provincial tax based on the land value. First - time homebuyers may be able to get a full or partial refund on your land transfer tax.
Legally, no, but there are many benefits to working with a good real estate agent. They’ll help you find suitable properties or buyers, avoid common pitfalls, and do the time - heavy groundwork.
We’ll help you avoid the sticker shock that comes with buying a new home. Some of these additional fees include legal fees, home inspection fees, insurance, taxes, and other unexpected costs associated with the price, location, or condition of your property. We’ll review all these costs with you so you can budget accordingly.