Purchases
Purchasing real estate is one of the biggest investments many of us make, and it’s a time-consuming and complicated transaction. So, it’s in your best interests to get legal guidance from an expert in Ontario real estate law. They will represent your interests, whether you are purchasing a residential or commercial property, and make sure the deal is made and completed reasonably.
The experienced real estate lawyers at Brar Tamber Rigby will help you complete your real estate purchase while protecting your interests. They understand where complications may arise when dealing with a property purchase and will review your agreement, giving them a chance to catch potential issues. We are transparent in our communications and real estate law services. These include:
- Reviewing the Agreement of Purchase & Sale
- Reviewing the Title Search
- Communicating with the Title Insurance company on our client’s behalf
- Reviewing the lender mortgage instructions
- Reviewing the Status Certificate (where applicable)
- Preparing all documentation related to the mortgage
- Preparing closing documents
Our legal fees do not include Land Transfer Tax (LTT) or Municipal Land Transfer Tax (only applicable in the City of Toronto), Title Insurance, Government Registration Fees or H.S.T.
Sales
Selling a property is a major task, and numerous pitfalls can derail its closing when proper attention isn’t paid. Since property is one of the most valuable assets you can have, it’s important to hire a reliable and experienced real estate lawyer. Along with maximizing the benefits from the sale, they will review the associated documents and mitigate probable risks that may arise. Furthermore, they are best equipped to handle real estate litigation matters that may arise related to a commercial or residential property. If you are in search of a real estate law firm in Ontario, look no further than Brar Tamber Rigby. We are here to support you and help you explore your legal options for the best possible outcome. We will advise you on your rights and obligations as a seller while managing the legal formalities involved in finalizing real estate sales in Ontario. Our real estate lawyers personally review every case and pay meticulous attention to detail. This allows them to avoid potential problems with severe consequences that may affect the financing, title insurance and scheduled closing, leading to costly litigation. Our services in terms of real estate sales include:- Reviewing the Agreement of Purchase & Sale.
- Communicating with the realtor’s office regarding the commission payment.
- Discharging one line of credit/mortgage.
- Preparing legal documentation for the sale closing.
- Looking after the standard office disbursements such as papers, couriers, long-distance charges and faxes, among others.
Refinances
Refinancing your mortgage is a cost-effective way to balance your savings and pay other debts while enjoying lower interest rates. However, it’s vital to understand the rules surrounding it and determine whether it’s the best solution for your needs. So, it’s advisable to hire a real estate lawyer who knows the procedures and can help you navigate the process smoothly to obtain the best results.
At Brar Tamber Rigby, our experienced real estate lawyers can advise you on whether refinancing is the best option. We work with clients to secure and process refinancing of residential and commercial properties and protect your interests at all times. We will prepare and review all the necessary documentation, address potential issues, and keep you informed at every step. We will also ensure you understand your rights and responsibilities to successfully avoid future legal problems. Our legal fee includes*:
- Preparing and registering a new mortgage.
- Sub searching the title.
- Paying out the prior mortgage.
- Three additional unsecured payouts.
*Plus applicable taxes. In certain instances, our refinancing fee may be higher if the lender needs additional work to successfully complete the transaction. You can email or call us with any questions or concerns you may have regarding the lender attracting additional fees.
Private Mortgages
Private mortgages are a financing alternative to an institutional or mainstream lender when purchasing a residential or commercial property. Since this is a specialized business, property buyers should definitely consider hiring someone who can offer their expertise to assist you with the process. At Brar Tamber Rigby, our real estate lawyers have experience closing private mortgages. We provide practical, clear, and simple legal advice and will work to complete your real estate transaction smoothly and quickly. We will help you select the best possible course of action and ensure prompt communication and a professional approach. Our services include:- Preparing legal documents related to private mortgages.
- Reviewing the Title Search.
- Communicating with the Title Insurer on behalf of our client.
- Discharging one mortgage/line of credit.
Mortgage Enforcement
When a mortgagor or borrower fails to comply with the mortgage agreement contract or is unable to pay their dues, the situation calls for mortgage enforcement. This particular area of law tends to cause considerable stress owing to its complexity and the large sums that are typically involved. This is why it’s best to seek help from experienced real estate lawyers who can help deal with mortgage enforcement. Brar Tamber Rigby understands mortgage enforcement and as such provides a complete end-to-end solution for mortgage lenders enforcing their mortgages. If you or someone you know has a mortgage to enforce, we can provide personalized mortgage enforcement strategies to maximize recovery while minimizing liability. This area of law carries an immense amount of legal exposure for a lender; so, if not done right, you could be liable for a borrower’s damages.
There are other potential pitfalls that you may encounter, making it important to get in touch with lawyers at Brar Tamber Rigby. We can help you navigate
There are other potential pitfalls that you may encounter, making it important to get in touch with lawyers at Brar Tamber Rigby. We can help you navigate a speedy resolution and provide legal advice on the best course of action. We routinely provide our mortgage clients with the following services:
- Issuing Demand Letters
- Statements of Claim
- Notices of Sale
- Judgements
- Writs of Possession
- Listings
- Negotiations
- Conducting Sales of Seized Property
- Correcting Title Issues Preventing Sales
- Receiving Reinstatement/Redemption Proceeds
- Collecting Mortgage Deficiencies
