home involves a lot of paperwork, most of which are contractual documents
that will legally bind you to the numerous terms and conditions. For
this reason it is important to have a good lawyer acting for you.
Someone to protect your rights and interests.
you don't have a lawyer, you can look for a referral from friends, family
or business acquaintances. Look for someone with real estate experience
and discuss their fee scales. Your RE/MAX Sales Associate
can help you locate a reliable professional, whom you feel comfortable
will need a lawyer to process your purchase and ensure the terms are
correct property is purchased
title to your name(s)
title is free and clear of prior owners encumberances
mortgage is registered properly on title
legal process varies from province to province within Canada. Specifically,
you will need to consult with your chosen legal professional and he/she
will explain the process and the steps that need to be completed before
you get the keys to your new home.
lawyer will prepare a "Statement of Adjustments" outlining
all the financial aspects of your sale.
Fees and Disbursements
difference between legal fees and disbursements in analoguous to the
parts and labour you pay when fixing your car.