Purchasing a 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 or notary public acting for you; someone to protect your rights and interests.
If you don’t have a lawyer or notary public, you can look for a referral from friends, family or business acquaintances. Look for someone with real estate experience and discuss with them their fee scales. Your RE/MAX Sales Associate can help you locate a reliable professional with whom you feel comfortable working.
You will need a lawyer or notary public to process your purchase and ensure the terms are met:
The legal process varies from province to province in 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.
Your lawyer/notary public will prepare a “Statement of Adjustments” outlining all the financial aspects of your sale.
The difference between legal fees and disbursements is analogous to the parts and labour you pay when fixing your car. Your RE/MAX Sales Associate can help you locate a reliable professional with whom you feel comfortable working.
