Real Estate

REAL ESTATE

We are located in a rapidly growing community. The corollary to this is we are involved in residential real estate, both on the sale and purchase side, and we would be pleased to assist you in this area if the need arises. We have block fees for "straight-forward" conveyancing matters. Most transactions fall into this category but sometimes problems do arise and we are competent to deal with the more difficult transactions. The cost is dependant on the time involvement which is discussed in advance.

Real estate conveyancing is dramatically changing in Ontario with the advent of electronic registration and computer databanks for property registration. We have kept our skills and computer hardware current to meet the challenges of automation. If you would like us to assist you in your real estate needs, we would ask that you fax us the fully signed copy of the agreement with all attachments.

(1) Residential Purchase/Resale - Under $400,000.00	$575
Between $400,000.00 - $700,00.00	$675
Over $700,000.00	Specific Quote Required
Purchase of a New Home from a Builder	Add $225 Legal Fee
Each Mortgage with purchase (with Major Lender)**	$225
Each Mortgage with purchase (without Major Lender)**	$375
Purchase Disbursements (Estimated)	$700
Disbursements can include, but are not restricted to: Search costs Execution Certificate Teraview/Conveyancer's search & closing costs Miscellaneous (can include) - long distance calls/courier/photocopies/etc. Title Insurance, Tax Certificate Premium Examining Counsel Fee for title insurance policies issued

(2) Residential Sale - Under $400,00.00	$525
Between $400,000.00 - $700,00.00	$625
Over $700,00.00	Specific Quote Required
Mortgage Discharge (for each mortgage)	$225
Sale Disbursements (Estimated)	$400
*Disbursements can include, but are not restricted to*: Search costs Execution Certificate Teraview/Conveyancer's search & closing costs Miscellaneous (can include) - long distance calls/courier/photocopies/etc. Title Insurance, Tax Certificate Premium Examining Counsel Fee for title insurance policies issued
Bridge Loan	$175

(3) Unregistered Condominium
i. Interim Closing on Occupancy	$350

ii. Final Closing on Registration of New Condominium	$575
Mortgage (for each mortgage)	$225
Disbursements (Estimated - Same as Residential Purchase)	$700

(4) Mortgage Refinance (with Major Lender)**	$600
Mortgage Refinance (without Major Lender)**	$700
Transfer of Title (with refinance)	$300
Payout of credit cards, line of credit, debts	$50 per Item
Mortgage Disbursements (Estimated)	$350

(5) Review of an Agreement Of Purchase and Sale	$200
(If we are not acting on the Final Transaction)

(6) Title Insurance - Post Closing (Under $500,000.00) Disbursements (Estimated) subsearch of title executions title insurance policy	$275 $400
All fees are subject to HST (13%)
All disbursements are subject to HST (13%) except Registration costs
Fees do NOT include Land Transfer Tax & Registration costs
Transactions closing within a two (2) week time frame will be subject to an additional fee of $200.00 at lawyer's discretion
Fees for transactions involving a property purchased with a price of over $700,000.00 are higher. This fee is determined by our office based on complexity and risk and a specific quote should be obtained.
vi. *** Major Lender def'n: Bank of Montreal, Scotia Bank, Royal Bank of Canada, TD/Canada Trust, CIBC

First Canadian Title
HOME OFFICE
2235 Sheridan Garden Drive
Oakville, Ontario
L6J 7Y5
Tel: 905.287.1000 or 1.800.307.0370
Fax: 905.287.2400 or 1.888.560.2844