Refinance Transactions: mortgages, title Transfers for mortgage or separation/divorce Transfer
If you are buying refinancing or transferring property anywhere in Ontario, our firm can assist you with the transaction with an all-inclusive fixed quote.
Our mission is to simplify real estate transactions for our clients while delivering the highest personalized service at affordable rates.
$1,099.99 - Disbursements included
The only things you add are tax (13%), government registration fees ($83.11), title insurance (if needed by Lender) and land transfer tax!
Call us for more details at 416-299-0050 or email us through our website. We would be happy to provide you with an no obligation quote for your transaction!
*Our disbursements comply with LSUC Rule 4.2-2.1
We are rated as one of Toronto’s top rated real estate closing law firms offering all-inclusive fixed costs!
Sample Quote for Standard Refinance with Mortgage:
1) Legal fees including disbursements - $1,099.99 plus tax
2) Mortgage Registration Costs - $83.11 (tax included)
3) Land Transfer Tax only applies in certain title Title Transfer/Refinance circumstances - Call us to find out if your transaction is subject to Land Transfer Tax
Use the Land Transfer Tax Calculator Below
Ontario Land Transfer Tax Calculator
What are disbursements?
Disbursements are the costs that the law firm incurs while working on your file.
Most law offices charge their clients for disbursements on top of their legal fees.
This method of billing can add hundreds of dollars of unexpected costs.
Disbursements Included in our quote:
Ownership Deed and One A Class Institutional Lender Mortgage preparation
Title searches and execution writ searches
Software transaction charges (Unity)
Cheque certifications
Courier and postage costs
Travel
Photocopying
Faxing
File storage
*Our flat rate legal fee applies to a residential single family dwelling on city services under 1.5 million, being vacant on closing with one first mortgage and no other encumbrances or liens on title. Our disbursements (if applicable) comply with LSUC Rule 4.2-2.1: HST, government document registration fees, fees charged by government Teranet fees, costs of condo status certificate, lawyers creditor's letters and title insurance. The fee is valid if our firm is hired and receives the Agreement of Purchase and Sale at least 5 business days prior to closing. If any unforeseen issues arise you will be notified immediately. Note that additional charges may apply to rush transactions, investment properties, commercial properties, condominium occupancy closings, bridge loans or any other matter beyond the scope of a standard real estate purchase transaction.
Lenders we regularly work with:
The Toronto-Dominion Bank (TD)
Canadian Imperial Bank of Commerce (CIBC) and Simplii Financial
The Bank of Nova Scotia (Scotiabank) and Bank of Montreal (BMO)
Royal Bank of Canada (RBC)
Tangerine Bank
Equittable Bank
Home Trust, Effort Trust, Parama Credit Union
National Bank of Canada
HSBC and most Credit Unions!
We are proud to say we are approved with all major Lenders and Credit Unions!
Why Choose Us For your Mortgage Refinance transaction?
1) Work directly with an experienced lawyer - The difference with us is you will work and meet directly with one of our lawyers. We are licensed and insured to practice real estate law. Communication and responsiveness is very important to us and is one of the main reason why our clients love our service!
2) Experienced, Responsive and Quality Services - We have over 20 years of combined experience having closed thousands of real estate transactions. Not only do we handle real estate transactions but we also handle real estate disputes and negotiations should things go wrong. Most real estate lawyers practice are limited to only real estate law; not us. We handle real estate negotiations and disputes and can refer you to some of Canada’s best tax lawyers should your matter require this. Our clients have rated us as one of Toronto’s best rated real estate law firms on Google for a reason!
3) All Inclusive Quotes - Unlike most law firms who charge disbursements on top of their legal fees, our approach is different. Our legal fees are straight forward and include disbursements, so you have one less thing to worry about!
We offer competitive quotes - we don't have unhappy customers. You’ll end up spending more money in the long run going with the cheapest law firm where you may not even get to speak to the lawyer handling your deal.