Real Estate Law

Haber & Associates can provide legal advice on wide variety of real estate matters, including:

 

The purchase and sale of residential properties:

  • Reviewing and negotiating agreements of purchase and sale
  • Acting for sellers and buyers on the purchase of a resale home
  • Acting for buyers on the purchase of a new builder home

The purchase and sale of condominiums:

  • Acting for sellers or buyers on the purchase of a resale condominium
  • Acting for buyers on the purchase of a new builder condominium

Refinancing:

  • Acting for borrowers on mortgage transactions or real estate financing
  • Acting for lenders on mortgage transactions or real estate financing

Mortgages:

  • Mortgage remedy work, including power of sale, foreclosure and receivership
  • The purchase and sale of a business properties
  • Reviewing and negotiating agreements of purchase and sale of a business property
  • Acting for sellers and buyers on the purchase of a resale business property
  • Acting for sellers or buyers on the purchase of a new business property

Other real estate services:

  • Negotiation and registration of other real estate-related agreements
  • Joint venture agreements
  • Cost sharing agreements
  • Management agreements and development agreements
  • Registration of mixed use projects involving combined residential and retail condominiums
  • Commercial lease arrangements including preparation, review
  • Negotiation of offers to lease, lease documents, renewals and amendment

HABER & ASSOCIATES RATES FOR TYPICAL RESIDENTIAL REAL ESTATE TRANSACTIONS

Standard Fees:  (Under $750 000)

  • Resale Home Purchase (includes one mortgage): $799
  • New Home Purchase (includes one mortgage): $699
  • Sale (includes discharge of one mortgage): $699
  • Sale of Matrimonial Home: $1200
  • Estate Sale: $1200
  • Refiancing (includes one mortgage payout): $499
  • Condominium occupancy closing - $350

Third party closing disbursements such as government registration and search fees, system access fees, title insurance and land transfer tax are not included.HST is not included.

Commercial Purchase/Sale:

  • To be quoted upon review of Offer

Expected Disbursements:
Title Insurance (paid by purchaser)

  • Resale home purchase - below $200k approx $235.00; $200k - $500k approx $284.00
  • New Home Purchase: below $200k - $185.00 approx.; $200k - $500k approx $234.00
  • Land Transfer Tax (Charged by Ontario Government, Toronto properties are double the taxation)

First time home buyers may be exempt up to a max of $2,000.00. Exceptions apply.

Title search and out of pocket expenses:

  • If property is title insured, search & registration costs payable to Gov of approx. $225.00
  • If the property is not title insured this cost could exceed $500.00
  • Condominium purchases may need to add another $100.00 for condominium certificate
  • On a sale, reg. fees payable & usual closing costs usually amount to less than $150 - $200

Fee structure for additional or variation of standard fees:

Due to the nature of real estate transactions, certain transactions are subject to additional fees. If applicable, the following may be added to your bill for services.

  • Receipt of mortgage instructions within 2 business days of closing - $250.00
  • Change to mortgage documents after preparation - $100.00
  • Preparation of additional mortgages i.e. 2nd, 3rd etc.. - $250.00 each
  • Application Name Change - $250.00
  • Preparation of Agreement of Purchase and Sale - $350.00 – 500.00
  • General Application to amend PIN - $50.00
  • Survivorship Application - $350.00
  • Preparation of Bridge Loan - $100.00
  • Missed, separate, evening or weekend appointments - $50.00
  • Payouts (more than 1 mortgage) - $25.00 each
  • Direct deposit to client - $30
  • Certify Cheque to client - $50
  • Preparation of private discharge of mortgage - $250.00
  • Assignment of Rents - $125.00
  • Application of Power of Attorney - $125.00 - If required for Purchase or Sale
  • Transfer of Title - $350.00
  • Construction mortgage advances - $250 per advance
  • Family/Holding money in trust - $250.00 - $500.00

PRICES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE AND APPLICABLE TAXES

For more information please contact Christopher J. Haber at our Burlington Real Estate or Milton Real Estate Offices.

If you're a mortgage broker or real estate agent looking for a real estate lawyer for your client, we now offer a convenient platform for you to work closely with us. Check out our Real Estate Client Referral program for more information.

 

Our Real Estate Law Lawyer

Christopher J. Haber

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Jung Ah Kwon

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