The Agreement of Purchase and Sale that governs the sale or purchase of a property is the foundation of the transaction. It is imperative that you have a proper, complete and effective agreement. Ideally, you should receive input from a lawyer at the earliest stages of your transaction.
Buyers and sellers of real estate require a lawyer to act for them to complete their transaction. As the buyer’s lawyer, NLPC will work to ensure you acquire good title to the property, free from liens and encumbrances, will arrange for title insurance for your property, and will work with your lender to put a mortgage into place. As the seller’s lawyer, NLPC will ensure that any mortgage is discharged from title to your property, and arrange for you to receive the net sale proceeds of your transaction in as stress-free and timely manner as possible.
It is advisable that clients have a lawyer review the Agreement of Purchase and Sale prior to all conditions being waived. This ensures your understanding of the terms of the Agreement. Further, in the absence of an agent, NLPC can be retained to assist you to negotiate and draft Agreements of Purchase and Sale for you to sell or buy property.
Buying a new home or a new condominium requires an understanding of Tarion Warranty provisions, adjustments to the purchase price on closing, interim closings, pre-delivery inspections and HST provisions. You may retain our office to review a new home or a new condominium agreement. Further, condominium purchasers should ensure that a lawyer reviews the status certificate and associated condominium documents before waiving any condition regarding said documents.
NLPC also offers services including refinancing, private mortgage transactions, and drafting and reviewing leases.
Please contact NLPC if you have any questions about retaining our firm to act for you with respect to your purchase, sale, or mortgage transaction.
Fee quotes are available on request. Please note that we will require some personal information and details of the transaction before a fee quote can be provided.