Real Estate Lawyers Dufferin County, Ontario

Other than for new condos purchased from builders or developers, generally not. New condo buyers can withdraw their offer within 10 calendar days of receiving the agreement of purchase and disclosure statement. Your Ajax virtual real estate lawyer can review your contract to see if it has a cooling-off clause.

You might negotiate a flat rate fee with your lawyer — Axess Law’s fees are all flat rates — but otherwise, no. 

Closing costs are fixed fees that add as much as about 5% to the cost of a home. They include land transfer taxes, plus Toronto’s municipal land transfer tax, title and fire insurance, and registering title to your property. Legal fees, and your share of property taxes and utilities, are included. 

For high-ratio mortgages with less than 20% down, mortgage default insurance is added to your costs. HST of 13%, minus any rebates you qualify for, is due for new or substantially renovated homes. 

As the closing day draws near, your Axess Law real estate lawyer will contact you to finalize the amount you need to bring to our office to conclude your home purchase.