Trusted Real Estate Lawyers Serving Alberta, Edmonton

Our trusted real estate lawyers in Edmonton, Alberta, are committed to providing exceptional legal services tailored to meet the diverse needs of our clients. With extensive experience in handling a wide range of real estate transactions, our team is equipped to guide you through the complexities of property law with precision and care. We offer personalized solutions, whether you are buying, selling, or leasing property, ensuring that your interests are protected at every stage. At our firm, we prioritize clear communication and a client-focused approach, delivering reliable and efficient legal support to help you achieve your real estate goals with confidence.

 

Why Choose Our Real Estate Lawyers in Edmonton

Experience – Our real estate law firm in Edmonton has handled thousands of successful real estate transactions, in both commercial and residential deals. We are well equipped for any real estate deal that comes our way.

Transparency – We provide up-front service, ensuring our clients know the state of their files at every stage of the process. We make the time to ensure our clients are kept up to date.

Knowledge – Our real estate lawyers have knowledge in every aspect of real estate transactions, whether it be for the purchase or sale of a residential home, or the purchase or sale of a commercial property.

Communication- Our real estate lawyers are available for phone calls, emails, and direct meetings with clients. We also maintain active communication with all parties involved in the transaction.

Convenience- We are available for both in-person and remote meetings to satisfy your needs.

 

Common Fees Associated with Purchasing a Home

When purchasing a home, buyers should be aware of several common fees that may arise during the process. These can include legal fees for the services of a real estate lawyer, who will handle the legal aspects of the transaction, such as reviewing contracts and conducting title searches. Additionally, buyers may encounter land transfer taxes, which vary depending on the property’s location and value. Other potential costs include home inspection fees, appraisal fees, and mortgage insurance premiums if the down payment is less than 20% of the home’s purchase price. It is important for buyers to budget for these expenses to ensure a smooth and financially prepared home-buying experience.

 

What Is Included in Real Estate Legal Fees?

Real estate legal fees typically cover a range of services provided by a lawyer to facilitate the transaction. These services often include reviewing and preparing legal documents such as the Agreement of Purchase and Sale, conducting title searches to ensure the property is free from liens or encumbrances, and handling the transfer of funds. Additionally, the lawyer may assist with the registration of the deed and mortgage, provide advice on any legal issues that arise during the transaction, and ensure compliance with local laws and regulations. The fees may also cover disbursements, which are out-of-pocket expenses incurred by the lawyer on behalf of the client, such as registration fees and title insurance.

 

Our prices

Prices do not include GST and disbursements.

Sale or cash purchase

$895
For clients who are selling their house or purchasing a house with all cash (No mortgage)

Purchase and mortgage

$995
For clients who are purchasing real estate with a mortgage

Refinance

$895 / up to 2 payouts
For clients who are seeking to acquire a different rate on their mortgage

Looking to refinance your mortgage?

Are you interested in refinancing your mortgage to seek a better rate amidst one of the greatest booms in the Canadian real estate market (2021)? No problem! Forum Law has you covered and is ready to help reduce your monthly payments to a lower rate.

Real Estate Checklist for Sellers and Buyers in Edmonton

Sellers’ Checklist

1) Know the value of your house and ensure the listing price reflects a fair market price. Factors include:

  • Similar houses in the neighbourhood
  • Location
  • Condition of your home
  • Year the house was built

2) Ensure the offer of purchase and sale clearly references which chattels are included or excluded from the purchase.

3) Make note of the following selling features:

  • Is there warranty on the house?
  • Has there been any major improvements to the house recently (e.g. replaced furnace, hot water tank, new roof, etc.)

4) Have reasonable time limits for matters to be complied with and completed before closing.

5) If the offer requires that a Real Property Report and compliance certificate be provided, make sure to order this as soon as possible to ensure there is sufficient time before closing to deal with any unforeseen issues that may arise.

6) Always be in a position where you are ready, willing, and able to complete to the deal.

Buyers’ Checklist

1)  Make the offer subject to conditions for your protection, such as:

  • Financing
  • Inspection
  • A recent Real Property Report with a compliance certificate is provided
  • Lawyer’s approval

2)  Always include a clear time limit for acceptance by the seller.

3)  Ensure that the offer for purchase and sale specifically references which chattels are included or excluded from the purchase.

4)  Have all your mortgage documents in order, and make sure you are clear on the terms and conditions.

5)  Get estimates from the realtor, mortgage lender, and your lawyer of the costs you will be required to pay in addition to the purchase price.

6)  Always be in a position where you are ready, willing, and able to complete the purchase.

Real Estate Services we provide

Forum Law simplifies the varying requirements that encompasses real estate law. If you are in Edmonton looking for a real estate lawyer we are here to help.

  • New Home Construction and Financing

  • Residential Purchases, Sales and Financing

  • Commercial Purchases, Sales and Financing

  • Residential and Commercial Leasing (Advising Landlords and Tenants)

  • Real Estate Disputes (ie/ Litigation and Foreclosure)