Why Use a Lawyer for Home Purchase
Why Use a Lawyer for home purchases?
- It is required by law that each Purchaser and Vendor be represented by a lawyer on a real estate transaction.
- Lawyers execute the terms of the Agreement of Purchase and Sale.
- Perform title and off-title searches.
- Coordinate title insurance if necessary.
- Act for the lender and purchaser to arrange mortgages.
- Meet buyers to review searches and sign closing documents.
- Exchange keys and funds and handle closing issues.
DISCLAIMER: The information provided herein is for general purposes only, and is not legal advice. This information relates only to the laws of the Province of Ontario and related laws of Canada applicable in Ontario, and is believed to be correct as at the date it was assembled, but may contain inadvertent errors or inaccuracies and may be out of date when accessed. Cohen Highley LLP disclaims any and all liability and accepts no legal responsibility relating to any use or reliance on this information. Use or reliance on this information does not establish any form of lawyer-client relationship with Cohen Highley LLP, and any such alleged relationship is hereby disclaimed. Legal advice depends on facts and circumstances, and should only be obtained through direct personal consultation with a licensed legal professional. This information is protected by Canadian and international copyright laws and may not be reproduced, transmitted or otherwise disseminated without the express written consent of Cohen Highley LLP.