Toronto Real Estate Lawyers
Reliable Real Estate Law expertise in the Greater Toronto Area
Everyone arrives at a point in their lives where they have to pay a certain amount of consideration towards documenting their legal assets. Among such assets will most definitely include real estate properties. Whether to do with co-inheritances or the purchase of a new property, the fact remains that it can be challenging for individuals to have to navigate these spaces on their own. Thankfully, there's always reliable help to be found if you reside within the Greater Toronto area in Canada. At Zenith Law, real estate law is just one among our specialization areas, and our team of real estate lawyers is always ready to provide dependable consultation no matter what your specific inquiry may be. Whether this concerns a property in Brampton, Vaughan or Markham, we can most definitely assist.
Most typically, our customers will approach us while seeking legal consultation on matters to do with purchasing or selling a property. Whether this involves a residence or a commercial premises, you can trust that our team of real estate lawyers will keep local best practices in mind when it comes to handling your real estate matters in as efficient a way as possible. If you've been in search of real estate lawyers Toronto residents can trust, look to Zenith Law and its team of multi-disciplinary legal professionals. With trusted experience spanning the breadth of real estate and family law matters, we're the name to trust whether it comes to a need to secure a new property or explore your options concerning any existing titles you hold.
Providing expert assistance on commercial and residential real estate
From areas like Mississauga, Etobicoke and Richmond Hill, our local knowledge covers a wide berth and we are well connected within the area to provide local expertise you can always depend on. Among the most frequently sought-after services we provide are consultations to do with mortgages and refinancing. This typically involves first-time property owners taking their big step towards home ownership, and understandably involves their need for experienced real estate lawyers who can help them understand their financial obligations. Whether your concerns are as a homeowner, or someone who may be thinking about refinancing their mortgage, we can provide dependable legal advice. Regardless of your circumstances, we are among real estate lawyers Toronto homeowners trust, and are more than happy to assist you with matters to do with understanding your financial obligations with real estate matters.
Real Estate Attorney
Our real estate lawyers will be able to take you through a complete scope of your real estate law needs, and among these types of requirements include:
- Reviewing real estate agreements of purchase or sale,
- Navigating real estate lease or sharing agreements,
- Identifying potential issues within real estate contracts and suggesting effective solutions, and
- Drafting any required real estate agreements and their accompanying conditions.
Contact Zenith Law to Find Practical and Effective Real Estate advice Today
If you've been looking for a real estate lawyer Greater Toronto area residents trust, know that we provide skilled and reliable expertise that ensures your plans are carried out in a timely manner. Whether this concerns a property in Scarborough, York Region or the Peel Region, we understand that it helps to have support from a legal team that keeps a good amount of local knowledge. Zenith Law are among real estate lawyers Toronto residents regard as competent and effective, and we have helped plenty of our clients secure their desired property within ideal timeframes. Contact us today on 647 795 3027 to see what we can do to support your need for real estate lawyers in Toronto.
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Practice Areas
At Zenith Law Professional Corporation, we have got a wide range of legal services. We practise Real Estate, Immigration, Family Law, Business Law, Estate Planning and Civil Litigation.Real Estate
Whether you are buying or selling either a residential or commercial property, Zenith Law will always be available to answer your queries . MoreFamily Law
Family law is a delicate species of area which calls for an expert who holds the ability to deal with complex legal problems within family members. MoreWills and Estates
.Estate Planning is an art through which you preserve your assets and make it available for your loved ones in your absence. MoreBusiness Law
Every business is different and so is the applicable law to that business. MoreFrequently Asked Questions
In Ontario only a lawyer can transfer title for a real property. So, you will need a lawyer regardless whether you are buying or selling for the purpose of completing your closing.
In order to answer this question, it is important to understand whether you are a first-time buyer and whether your property is in Toronto. Closing cost is the cost that is payable in addition to the purchase price of the property. It basically comprises of lawyer fee, disbursements, applicable tax, title insurance, land transfer tax, registration of transfer, processing mortgage, registration of charge. Contact us for a detailed consultation on total cost applicable for your transaction.
Any purchase of property is subject to land transfer tax payable by the purchaser. Land transfer tax applies to all conveyances in Ontario of course subject to certain conditionsFirst-time home buyer may be eligible for a refund if a) he/she is at least 18 years of age; b) he/she does not own a home anywhere in the world while he or she was your spouse, c) The purchaser must occupy the home as their principal residence within nine months of the date of transfer.Beginning January 1, 2017, the maximum amount of the refund is $4,000. The increased limit of $4,000 applies only to conveyances or dispositions that occur on or after January 1, 2017, regardless of the date the agreement of purchase and sale was signed.
It is strongly recommended to have the agreement of purchase and sale reviewed by a lawyer prior to signing it. For example, in case of purchase of new condominiums, buyers have 10 days to have the agreement vetted by a solicitor which would significantly help buyers in understanding the projected costs that are applicable to their proposed purchase at the time of final closing and in case if same is not agreeable, buyers have the right to repudiate the agreement before getting firm on deal. For resale home, it is important to understand whether there are any conditions attached to the agreement, any rental items included in the property. The 10-day period is not applicable in case of purchase of freehold property, that’s why it is extremely important to have the agreement reviewed by a lawyer and secure your next valuable purchase.
At the time of signing the agreement you may have signed it in your individual name or jointly with your spouse. In order to understand whether changing the name of the purchaser at the time of final closing, it is important to have the agreement vetted. Buying homes from developers may have a hidden cost at the time of change of name on title. Contact us and resolve your concern on title related issues.