Real Estate Lawyer Kanata

Get the same low flat fees and great service you expect in person when you use Axess Law’s remote Kanata real estate lawyer service. No need to travel to our Ottawa law office when time doesn’t permit. Our licensed real estate lawyer in Kanata can close real estate transactions or prepare mortgage refinance documents using an encrypted remote video call. Sign with confidence with Axess Law’s remote Kanata real estate lawyer

Buying a Real Estate Property in Kanata

Our Vision

Before you make a legally binding contract for a new home or condo, talk to an Axess Law virtual real estate lawyer in Kanata. Our licensed legal professionals add clauses that preserve your right to back out if a home inspection or mortgage financing are unsatisfactory. Axess Law’s Kanata real estate lawyer inspects your condominium corporation status certificate and searches property titles to make your home your own.

Selling a Real Estate Property in Kanata

Your seller obligations continue well past signing the agreement of purchase and sale. Axess Law’s Kanata real estate lawyer ensures closing transactions are handled professionally, and you meet all your legal obligations. Your Axess Law real estate lawyer in Kanata reviews terms and conditions with you by secure video call, and advises if amendments are needed to prevent complicating your real estate sale.

Refinancing a Real Estate Property Kanata

Renovate, buy investment property, or consolidate debt with mortgage refinancing. Axess Law’s Kanata real estate lawyer reviews terms and conditions of your new mortgage agreement. We ensure you understand prepayment options and penalties before you sign.

Your Axess Law real estate lawyer in Kanata accepts mortgage directions from your lender and finalizes your new mortgage contract, then gives you a copy for your records.

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About Kanata

Hi-tech Kanata, Ottawa’s westerly suburb, is Canada’s Silicon Valley North. Its National Capital Commission Greenbelt location betrays its past as a model garden city community. With two, 18-hole golf courses on Kanata’s doorstep, sports enthusiasts will welcome the leisure vibe. When not “malling” at the big box Kanata Centrum or following the Ottawa Senators at Canadian Tire Centre, they can stretch out at the wave pool, tennis courts, or multi-rink Bell Sensplex.

Sign Legal Documents by Video

Your Axess Law real estate lawyer in Kanata can video conference with you 7 days a week, at your convenience. Our online video calls and remote signing services take the work out of solving legal problems. Timely legal advice and low flat rate legal services — make your appointment by dialing 1-647-479-4118, toll free to 1-877-552-9377, or use our online booking form to find an Axess Law real estate lawyer in Kanata. Debit, cash, VISA or Mastercard accepted. Axess Law makes hiring a virtual real estate lawyer in Kanata easy.

Some FAQs

How long do most Kanata buyers allow for closing a real estate transaction?

You can pick any date the seller agrees to. Most agreements of purchase and sale allow 30 days for your real estate lawyer to complete the sale. But completion dates of 60 to 90 days or more are possible. Anything under 30 days will be tight if your purchase hinges on a satisfactory home inspection or mortgage financing.

Can a buyer back out of an accepted offer in Ontario?

Buyers and sellers can mutually agree to abandon a sale, and you can include “subject-to” conditions that may allow you to cancel a sale. Provided the seller agrees, you can propose an amendment to agreement of purchase and sale terms, but be sure it is in writing. Axess Law’s Kanata real estate lawyer reviews your draft or accepted agreement of purchase and sale to protect your legal and financial interests.

Whatever happened to 10% down mortgages?

Mortgage lending rules have tightened up because of the pandemic and worries about high debt by Canadian homeowners. You can still get deals from lenders like Sagen™ or Canada Guaranty with 5% to 19.99% down, but conventional lenders require 20% down for anything other than a high ratio, insured mortgage.

Are shared equity mortgages available in Kanata?

Sure. You have options for principal residences: CMHC First-Time Home Buyer Incentive for down payments — apply through mortgage brokers or lenders Ontario Priorities Housing Initiative — down payment assistance for low- to moderate-income renters who want to buy for-profit and nonprofit corporations — for example, ARCH Canada Holdings Inc.

Do penalties apply if I refinance my mortgage?

Mortgage terms and conditions vary, so check your current offer or ask your lender for a copy if you’ve misplaced it. Generally, borrowers pay three months interest or an interest rate differential to break mortgage contracts or transfer loans to another lender before the term is over. Open mortgages are an exception and have no prepayment penalties.

Does Axess Law have Kanata real estate lawyers?

Our virtual real estate lawyers can assist you anywhere in Ontario. Axess Law Kanata real estate lawyers use secure, encrypted remote conferencing software to meet with you online. To meet in person, go to any of our Greater Toronto Area or Ottawa locations.