Real Estate Law

Working at Glen Price’s law firm, our real estate practice is focused on residential, recreational and commercial real estate transactions in the Renfrew County area.

Our highly experienced team does the legal work for clients who are buying, selling and mortgaging property. We are approved by government relocation programmes for military personnel and other government agencies.

Buyer

Purchasing a home is one of the biggest investments you will make during your lifetime. We would like to assist you in making the process as easy as possible.

What we will do during the purchase of your new home:

  • Review the Agreement of Purchase and Sale to ensure that all conditions have been met;
  • Communicate with the Client as required;
  • Conduct a title search and prepare documents for closing;
  • Receive mortgage instructions and prepare mortgage documentation;
  • Receive and review the Statement of Adjustments and closing documentation from the seller’s lawyer;
  • Prepare all purchase transaction documents;
  • Meet with the Client to review and sign all closing documents;
  • On the date of closing:
    o Receive confirmation from the Client that the final inspection has been completed;
    o Receive mortgage funds and deposit all monies to the lawyer’s trust account;
    o Meet with the seller’s lawyer to pay balance due on closing, receive closing documents and keys;
    o Register the Transfer (deed) and Charge (mortgage); and
    o Contact the Client to pick up the keys.
  • Prepare and send reporting letters to the Client.

 

Seller

What we do when you are selling your house:

  • Review the Agreement of Purchase and Sale to ensure that all conditions have been met;
  • Make contact with the Client;
  • Respond to the purchaser’s lawyer’s requisitions;
  • Prepare a Statement of Adjustments and vendor’s closing documents;
  • Communicate with the Client’s bank or mortgage company to obtain Discharge Statement;
  • Meet with the Client to review and sign all closing documentation;
  • On the date of closing:
    o Receive closing funds from the purchaser’s lawyer and hand over the keys and vendor’s closing documents;
    o Release the Transfer for registration;
    o Pay out existing Charge (mortgage);
    o Pay out other selling expenses, such as real estate commission and outstanding taxes;
    o Deposit the net sale proceeds to Client’s bank account or prepare a cheque for the Client; and
    o Notify the Client by telephone that the transaction has been completed.
  • Prepare and send a report to Client’s forwarding address.
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