What Flat Rate Real Estate Legal Fees Include
Flat rate legal fee packages mean that we include all regular disbursements, when signed in a single appointment in our London office. This means there is no additional charge for file administration fees, file storage fees, courier charges within GTA, photocopy charges, fax charges, software fees, ONE PIN (Parcel Register) search, WRIT searches TWO NAMES etc.
What Flat Rate Real Estate Legal Fees DOES NOT Include
Please note that second/additional mortgages, lines of credits and/or bridge mortgages, occupancy closings, corporate purchases, assignment of rents for rental property, extension of closing date or for rush transactions require additional registration costs and legal fees. These are also completed on a flat rate basis. Call or Email for details.
The following are examples of items NOT INCLUDED in real estate legal fees and disbursements: title insurance, estoppel/status certificates, encroachments agreements, any additional PIN searches to ensure compliance with the Planning Act, additional titles searches (parking / storage legal units) for condos, more than Two names WRIT searches, any similar name execution searches, Writ clearance letters, cost to obtain Tax certificates, Government Registration fees, Notice of Assignment of Rents in case of an investment property, cost to obtain survey of the property, assumption of Tenancy agreements (if the property is not vacant), registration of Postponements, certified cheque fees, electronic mortgage processing fees, Land Transfer Tax, Non-Resident Speculation Tax, or any other matter beyond the scope of a standard transaction.
HST is not included in the above legal fees and disbursements.
Please note: When signing real estate documents, you must bring the following:
- Two pieces of ID – Canadian Passport, Permanent Resident Card and London Driver’s License is preferable. We cannot accept London Health Cards;
- A certified cheque / bank draft (when purchasing);
- A void cheque (when purchasing or refinancing); and
- A copy of the recent Property Tax Bill and existing Mortgage Statement (when selling or refinancing)
