AVANTIS | law

Real Estate

Residential and Commercial

Real Estate Law

At AVANTIS LAW, we strive to provide an efficient and professional service to our clients who retain our services towards their real estate legal needs. Our real estate team manages numerous residential, rural, recreational, office, retail and industrial real estate transactions every year.

Residential Transaction

We realize that a home can be the single largest and most important transaction in a client’s life. As a result, we strive to make this process as effortless and seamless as possible at a reasonable cost. We strive to provide our clients with the relevant costs up-front to enable them to factor in all the costs involved in purchasing/selling a residential property. The following is a brief and simple task-list and price-list pertaining to each real estate transaction:

Purchase:

  • Provide us with a copy of agreement of purchase and sale

  • Provide us with details of the arranged mortgage/mortgage broker

  • Meeting and providing details pertaining to every individual to be included on title

    • *In case the property is being purchase in-trust for an individual, we can arrange for a proper trust agreement prior to the transaction

Sale

  • Provide us with a copy of the agreement of purchase and sale

  • Property tax statements and your proof of payment

  • Statements pertaining to items such as hot-water tank rental

  • Proof of payment of Condo fees (if applicable)

Fees:

  • Purchase $1,599* for a purchase transaction without a mortgage to be registered on the property

    • + $99 for each institutional mortgage to be registered on the property (optional) / + $299 for each mortgage instructed from non-chartered banks

    • + Land Transfer Tax dependant on the location of the home and whether you are a first time home buyer (LTT calculator)

    • + variable fees including mortgage funding fees (usually below $99), Govt. Document Registration Fees ($83 in Toronto), Fees Charged By Govt. (usually below $59), Teranet Fees ($35 on average), Costs Of Condo Status Certificate ($100-300 on average) and some additional documents in special cases.

  • Sale $1,499* for a sale transaction involving no current mortgage on the property

    • + $99 for each mortgage to be discharged on the property

    • + $73 Law Society of Ontario transaction levy fee

    • + variable fees including Govt. Document Registration Fees, Fees Charged By Govt., Teranet Fees, and Lawyers Creditor's Letters.

  • Mortgage refinance transactions $1,399*

    • + $99 for each mortgage to be registered

    • + variable fees including mortgage funding fees, Govt. Document Registration Fees, Fees Charged By Govt., Teranet Fees and Lawyers Creditor's Letters.

      * All above fees are subject to HST.Real estate deals can be very complex both financially and logistically. Our goal is to manage the legal aspects of your transaction to minimize any delays in the process and protect you from future complications after your transaction is finalized.We take our services a step forward by offering a distinct service for the convenience of individuals who are unable to attend our office for any reason. We offer a personalized mobile service to provide our clients with an effortless and hassle-free transaction.

Additional Real Estate Services

We further distinguish ourselves by providing a variety of real estate legal services including:

  • Interim closing for newly constructed homes including condominiums, townhouses and houses

  • Residential real estate closing (Purchase, sale)

  • Commercial real estate closing (Purchase, sale)

  • Mortgage enforcement

  • Real estate litigation

  • Private lending

  • and many other transactions and legal representation.

We further provide legal advise regarding a wide array of matters such as disputes with neighbors, disputes with condominium board, issues/penalties levied by the city/municipality or even solutions/legal advise for foreign property investors.

We serve clients within the Ontario Golden Horseshoe area including Toronto, Markham, Brampton, Hamilton, Oshawa, Mississauga, Oakville, Newmarket, Aurora and other cities and towns within this area.

Our firm will provide a complimentary free consultation, so please feel free to give us a call today regarding any matter that is keeping your mind occupied. Our experienced lawyers will provide you a professional, personable and quick advice and lead you to the right solution.

Avantis Law has experience in all areas of real estate law, including drafting, negotiation and review of agreements of purchase and sale, drafting/reviewing commercial and residential lease agreement, and matters pertaining to mortgages of properties.