Roles And Responsibilities Of A Real Estate Lawyer

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Real Estate Lawyer Toronto

• Roles And Their Responsibilities

Presented By, Roberta Brown
http//cowanlaw.ca/
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Getting Started

• If you are planning to buy a new house or
  condominium in Toronto, you need a lawyer for
  your side transaction.
• The important job of your lawyer is to protect
  your rights by ensuring the terms of in your
  purchase and sale agreement to get the clear
  title of the property.
• The real estate and condo lawyer Toronto should
  know the rules and regulation followed for
  property transaction.

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After The Contract Is Signed

• If you have signed the purchase and sale
  agreement, your real estate agent or you should
  forward the copy of document to your lawyer.
• From there your lawyer will do the following
• Start search for a title of the property.
• The purchase and sale agreement states that you
  are going to receive the title of the property
  which is clear and free.
• The lawyer from your side will confirm the
  registered owner name and legal description.
• And also investigate any liens against the
  property.

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Review And Ensure

• Property taxes have been paid
• The property survey certificate if it exists
• Status of mortgages that the Seller has on the
  property
• Compliance with restrictions, warranties,
  conditions and agreements
• Documents prepared by the Sellers lawyer
• Property insurance coverage
• Documents related to the condo bylaws,
  financial statements, disclosure statements, etc.

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Prior To Closing

• The real estate lawyer Toronto should prepare all
  documents for filing in land register office on
  closing date.
• Prepare the documents relating to sales tax of
  the property which you going to purchase.

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