We are pleased to inform you that the Ontario government has announced that Real Estate Lawyers, Real Estate Agents, movers, banks, insurers and many businesses that affect the closing of real estate transactions have been deemed to be an "Essential Service".
Therefore, Real Estate Lawyers.ca LLP shall continue to close real estate transactions (purchase, sales, mortgage refinance and transfer of ownership/title) as scheduled using our new worldwide remote signing software with bank-grade ID authentication to ensure the safety of both our clients and our staff.
Real Estate Lawyers.ca LLP's Community Response
Effective April 6, 2020, we are doing our part to help our clients during these financially stressful times by reducing our posted refinance flat rate legal fee by 50% (for CIBC, TD, RBC, SCOTIA, BMO and National Bank). All other financial institutions are 25% off - not to be included with any other offer (ie: $100 credit for review). This discount shall remain in effect only for those mortgage refinances received in our system while Ontario is in a declared state of emergency. Not applicable for any transaction that has already closed.
Home Protection Solutions allows for a sell-side home inspection to be completed which gives more transparency to potential buyers and comes with a transferable home warranty that is triggered upon sale.
Disclaimer: Real Estate Lawyers.ca LLP does not own or operate Home Protection Solutions and is a completely independent organization. RealEstateLawyers.ca LLP receives no compensation, directly or indirectly from Home Protection Solutions.
Real Estate Lawyers.ca LLP is a trusted resource for all things Real Estate Related. Our senior team are expert educators on Real Estate matters pertaining to Ontario. Our team has been featured in all national media mediums as well as presented to all of the top boards and teams.
Please click the button below to access our Media Kit.
We know you are being overwhelmed with news about COVID-19 and we know it is a lot right now given the uncertainty of the market. Here at Real Estate Lawyers.ca LLP, we are committed to being both responsive and proactive in protecting you and your client’s interests, navigating these times with everyone’s safety in mind.
Here are frequently asked questions about Real Estate Lawyers.ca LLP’s operations and response to COVID-19:
INSERT THE FOLLOWING CLAUSES INTO SCHEDULE AThe Buyer shall pay the balance of the purchase price, subject to the usual adjustments by wire transfer. The parties acknowledge and agree that all closing documentation can be signed electronically and forwarded by email or fax in accordance with the Electronic Commerce Act, 2000, S.O.2000,c.17 The parties agree that the keys to the property shall be left in a lock box at the property and the code to the same is to be provided to the Buyer’s lawyer in escrow pending closing of this transaction. The parties herein acknowledge and agree that they are required to close this transaction notwithstanding any impacts of COVID-19, save and except the closing of the Land Registry Office(s) and all financial institutions. In the event the closing cannot occur due to a shutdown/disruption of the Land Registry System and/or banking system, then the closing date shall be automatically extended to the fifth (5th) business day following the date upon which said systems have returned to operational status and can clear funds accordingly. Buyer and Seller acknowledge that due to measures taken by the Provincial Government in response to the current COVID-19 pandemic, there could possibly be a delay at land registration that would affect the actual registration date from the date herein contemplated. In such event, the Buyer and Seller hereby agree to extend the completion date of this transaction until the next possible date following the scheduled date of completion that registration could actually be effected, with no additional charges being made to the Buyer. Notwithstanding the foregoing, in the event the Buyer’s title Insurer has provided “gap coverage” to the Buyer, and all closing funds have been paid to the Seller’s Solicitor in trust, keys may be released (possession transferred) to the Buyer with title transfer and registration to take place at a later date. In such circumstances all expenses and risk related to the property shall be the responsibility of the Buyer from the date of such escrow closing. We have significantly increased precautionary measures to ensure we minimize any impact on your transactions. We look to trusted and reliable sources of information, team members, partners, and vendors to guide our decision making. As we navigate this complex and changing landscape, we’re monitoring the situation on a daily basis.
To be clear, we are running business as usual and will be sure to keep you apprised along the way to assist you with managing your business. Should you have any questions or concerns please be sure to contact us..
Ajax | Aurora | Peterborough | Barrie | Bowmanville | Brampton | Brantford | Burlington | Cambridge | Chatham | Clarington | Cooksville | Durham Region | Etobicoke | GTA | Guelph | Halton Region | Hamilton | Kawartha | Kingston | Kitchener | London | Markham | Milton | Mississauga | Muskoka | Newmarket | Niagara | North York | Oakville | Ottawa | Peel Region | Pickering | Richmond Hill | Sault Ste Marie | Scarborough | Saint Catherines | Stouffville | Sudbury | Thornhill | Thunder Bay | Toronto | Unionville | Uxbridge | Vaughan | Waterloo | Whitby | Windsor | York | Ontario | Canada | International |