PROPERTY PURCHASES

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When buying a property in Ontario, a real estate lawyer plays a crucial role. A real estate lawyer will review all legal documents and explain all the purchase-related documents to you, including any purchase agreement, mortgage documents, complete title searches, and title deeds, and manage the transfer of funds to ensure that the title to the property is completely transferred to the new owner, providing you with peace of mind.

 Buying your first home or condominium can be an exciting, positive experience but can also be confusing and overwhelming. It’s easy to feel pressured to sign without truly understanding the responsibilities and risks you may be taking. Full Law empowers you with the knowledge and understanding of the legal aspects of homebuying, putting you in control of the process. 

With Full Law, we will:

• Review the purchase agreement and take note of any potential problems that may arise.
• Explain the terms of your purchase agreement and any possible costs and delays.
• Protect you from any liabilities
• Review any real estate documents that relate to your title and mortgage
• Explain mortgage options
• Register legal documents about your real estate transaction
• Explain the benefits of title insurance policies.
• Be present during closing and address any questions you may have regarding the process
• follow up with certain after-closing issues

1. Initiate the Process by Contacting Us:

Reach out to us through your agents or brokers or directly through our contact page. Provide all the details about your purchase, and once we determine that this is a case we can handle within the given timeframe, we will decide whether to engage. Our team will send any additional documents we believe are necessary.

2. Document Preparation:

Upon receiving all necessary documents from you, we will commence title and off-title searches to prepare for the requisition date. As this process progresses, we will arrange an appointment for you to sign your documents, keeping you informed every step of the way.

3. Preparing and Reviewing Legal Documents:

After the acquisition of your purchase, upon receiving your mortgage instructions, we will start preparations for our trust ledger based on statement adjustments and other essential closing documents.

4. Signing:

Normally, 3-4 Days before the closing date, a meeting with the lawyer will be necessary to explain all the essential legal documents and commission your signing.

5. Closing the transaction:

After all documents have been signed, we will forward the necessary paperwork to the seller's lawyer and ensure the mortgage funds are ready and available by the closing date.