Real Estate Law
Wissenz Law

Real Estate Law FAQs: Do you need a real estate lawyer?

Buying or selling property in Ontario? Then you need a lawyer to draft, process, file and register the necessary documents. Choose the right Real Estate lawyer to guide you through it, and to make sure that your best interests are protected.

Big life changes often come with big responsibilities, and a lot of paperwork! Choose the right Real Estate lawyer to handle all the legalities of one of your most important investments.

REAL ESTATE LAW: FREQUENTLY ASK QUESTIONS

Do I need a lawyer to buy or sell my property in Ontario?

Yes, absolutely. In Ontario, only a Real Estate lawyer can legally transfer property title. So, your Real Estate lawyer is an essential investment when buying or selling property and you need a lawyer to ensure that your best interests are being protected.

The buying or selling of a property is often the biggest financial decision you will make. Read on to learn some of the responsibility of a real estate lawyer and why you need a good one.

What does a Real Estate lawyer do?

The role of a Real Estate lawyer depends on what transaction their client is involved in, as either a Buyer or a Seller. Purchasing or selling your property will usually be one of the biggest investments or decisions that a person will make in their lifetime, so it’s essential to have a skilled Real Estate lawyer to guide you through it. Below is a partial list of duties that a Real Estate lawyer will take care of for you during this life-changing transaction.

Purchase

  • Review Agreement of Purchase and all other legal documents
  • Ensure no claims registered against the property
  • Arrange title insurance
  • Ensure valid title upon closing
  • Ensure property taxes up to date
  • Calculate land transfer tax due on closing
  • Draw up mortgage documents
  • Ensure all legal and financial conditions met
  • Exchange legal documents and keys with seller’s lawyer
  • Close the deal

Sale

  • Review/amend Agreement of Sale and other legal documents
  • Assist with negotiation of terms and conditions
  • Prepare the Deed
  • Remedy any title issues
  • Ensure all legal and financial conditions met
  • Exchange legal documents and keys with the buyer’s lawyer
  • Close the deal