Real Estate

Painless transactions

Purchasing or selling a home often represents one of the most significant financial transactions an individual will make throughout his or her lifetime. Our real estate law firm is here to assist our clients from reviewing the agreement of purchase and sale and lender mortgage instructions to conducting title and off-title searches to ensuring that our clients have secured the right property, free and clear of liens and other encumbrances, to preparing closing documents and working with financial institutions to ensure a smooth closing.

At Brace Law, our real estate lawyer can help you navigate the landscape and understand the inner workings of buying or selling a home. We offer high-quality and efficient legal services at reasonable real estate law firm fees. We are approachable and easy to get along with, and we will go above and beyond to ensure that you get results on a timely and cost-effective basis.

At Brace Law, our fees are open and transparent; we do not have any hidden fees. Contact our real estate lawyer at 905-815-6555 for a quote of your closing cost and a complete explanation of the disbursements involved.

Purchase

A home, apartment, or land purchase involves several critical steps to ensure a legally sound transaction. Initially, we review the purchase agreement to ensure it accurately reflects the terms agreed upon by the buyer and seller, including price, contingencies, and closing date. We conduct a thorough title search to verify the seller’s ownership and identify any encumbrances, liens, or other issues that could affect the buyer’s ownership rights.

We assist the buyer in negotiating any necessary amendments to the purchase agreement based on the findings from property inspections or other due diligence activities. Throughout this process, we ensure compliance with all applicable laws and regulations, protecting the buyer’s interests.

As the closing date approaches, we prepare and review all necessary documents, including the deed, mortgage agreements, and settlement statements. We coordinate with the lender, title company, and escrow agent to facilitate the smooth transfer of funds and ensure that all legal requirements are met.

On closing day, we oversee the signing of documents and the transfer of ownership, ensuring that the deed is properly recorded with the appropriate government office. After closing, we address any remaining legal issues, such as the release of the seller’s mortgage lien. Our goal is to provide comprehensive legal support throughout the purchase process, ensuring that our client’s interests are protected and that the transaction is completed smoothly and efficiently.

Refinance

Refinancing involves several key steps to ensure a smooth and legally sound process. Initially, we review the client’s current mortgage terms and the proposed new loan agreement to identify potential benefits and risks. We assist in negotiating favorable terms with the lender, ensuring compliance with relevant laws and regulations. Our role includes conducting a title search to verify ownership and uncover any liens or encumbrances that could affect the refinancing.

We also handle the preparation and review of all necessary documentation, including the new mortgage agreement, promissory note, and closing disclosure. During the closing process, we coordinate with all parties involved, such as the lender, title company, and escrow agent, to facilitate the seamless transfer of funds and proper recording of the new mortgage.

Additionally, we ensure that the old mortgage is paid off and the lien is released, protecting the client’s interest and preventing future legal issues. Throughout the refinancing process, our primary goal is to safeguard our client’s financial interests and ensure all legal requirements are met, providing peace of mind and clarity in their financial decisions.

Sale

A home, apartment, or land sale involves several crucial steps to ensure a legally sound transaction. Initially, we conduct a thorough title search to verify the seller’s ownership and identify any encumbrances or liens. We review the purchase agreement, ensuring it clearly outlines the terms, conditions, and contingencies of the sale. We negotiate and draft any necessary amendments, addressing issues such as financing, inspections, and closing dates. We facilitate due diligence, coordinating property inspections and ensuring compliance with local zoning and environmental regulations. On closing day, we prepare and review the closing documents, including the deed, settlement statement, and transfer tax forms. We oversee the transfer of funds through escrow, ensuring that the seller receives payment and the buyer obtains the title. Finally, we record the deed with the appropriate government office, completing the transfer of ownership and ensuring all legal requirements are met, protecting our client’s interests throughout the process.

Transfer Of Title / Ownership

A transfer of ownership involves several critical steps to ensure a legally valid and seamless transaction. Initially, we review the terms of the transfer agreement to ensure that they accurately reflect the intentions of both parties involved. We conduct a thorough title search to verify the seller’s ownership of the property and identify any encumbrances or liens that may affect the transfer.

We assist in negotiating any necessary amendments to the transfer agreement based on the findings from the title search or other due diligence activities. Throughout this process, we ensure compliance with all relevant laws and regulations, protecting the interests of both the seller and the buyer.

As the transfer date approaches, we prepare and review all necessary documentation, including the deed and any other transfer documents required by local authorities. We coordinate with all parties involved, including the buyer, seller, title company, and escrow agent, to facilitate the smooth transfer of ownership.

On the day of the transfer, we oversee the signing of documents and ensure that all necessary legal formalities are completed. We then arrange for the proper recording of the deed with the appropriate government office to finalize the transfer of ownership.

After the transfer is completed, we address any remaining legal issues, such as the release of the seller’s mortgage lien or the transfer of utilities and other services to the buyer. Our goal is to provide comprehensive legal support throughout the transfer process, ensuring that all parties involved are protected and that the transaction is completed efficiently and effectively.