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LEGAL NEEDS
When you are looking at buying a home, you will need to look for a lawyer or notary public to complete the conveyancing for your real estate transaction. A legal professional is required in order to represent your interests and to process the legal documentation necessary to complete the sale of property or real estate from the seller to the buyer. Your real estate agent can help you choose a legal professional to assist you with your real estate needs.
The legal process varies from province to province within Canada. Specifically, you will need to consult with your chosen legal professional and he/she will explain the process and the steps that need to be completed before you get the keys to your new home.
Conveyancing is the process of transferring property or real estate from one person to another. In order for the seller to legally transfer the property/home to the buyer, a legal professional must prepare appropriate legal documentation and arrange for the disbursements to be completed properly. Disbursements are the fees involved during conveyancing, such as title search costs, courier costs, long distance and facsimile costs, to name a few.
Your real estate agent can help you locate a reliable legal professional, whom you feel comfortable working with.
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