DISPUTES SUCCESS RATE
Outstanding property dispute and litigation services.
Whether you are involved in a residential or commercial real estate closing, having a qualified lawyer’s experience and knowledge on your side is a wise decision. Even in the very standard transactions, the slightest mistake or a negligent omission might end up spelling disaster and it could cost you a massive amount of time, money, and energy to solve it as a result. At ME Law, we have a vast amount of Trial Law and Real Estate Disputes experience in the Toronto and Greater Toronto Area Courts, while also providing standard Solicitor services.
Due to our extended qualification and prudent approach, we will help you avoid costly mistakes that can arise. Thus, make sure you always choose the right lawyer, who is also a solid, perceptive professional able to see two, three, even four steps ahead. By timely analyzing and anticipating every move, even basic titles or transactions will be carried out in complete accordance with the agreed terms. Right from the first consultation, we can identify costly errors or suggest changes that will keep you safe from title defects or from incurring extortionate financial losses, debts, liens, in the long term.
The Ontario process of buying, selling or transferring a property title can be extremely complicated. Choosing the ME Law reputable team of real estate attorneys guarantees you qualified support, guidance, and legal representation at every step.
100% of our clients recommend our real estate litigation services
May helped me with my Real Estate transaction and she went above and beyond to do it right for me. Unfortunately, the first closing did not work but she did not charge me for all that work she did and was always on the phone to me every single time with any question I had. Definitely recommend May to all as a really great Real Estate Lawyer!
Selling and purchasing properties can be confusing, for instance, inexperienced or negligent lawyers add up to real estate agents or mortgage agents who might even omit major parts of the property (e.g. forgetting to add a locker in the Agreement of Purchase of Sale). A ME Law real estate lawyer downtown Toronto is fully knowledgeable of the entire property transfer process and its complicated requirements. Contacting us in the early stages of a property transfer will ease your experience, regardless of where you are on the property ladder. We can advise on the following:
If you are not familiar with the intricacies of a mortgage refinancing process, the expertise of a qualified mortgage lawyer Toronto will offer the right professional legal advice, whether you are looking for a reduced monthly payment or a better interest rate. We have the skills, the patience, and the know-how to detect and explain all the problematic details you should be wary of, regarding:
If you are buying a condominium in Toronto, we can help you navigate the legal process as well as review the status certificate, the corporation’s declaration, functioning, as well as rules that will affect your lifestyle (for instance, if you’re have pets, special needs or there are any specific conditions imposed upon condominium corporation). Together, we will go over the:
From drafting or reviewing a Purchase and Sale contract, to Writs of Execution, Construction Liens, and Commercial Leases, many real estate processes and transactions are threatened by fraud. Even veteran homeowners can fall victim. To avoid scammers or predatory lending, our team of skilled lawyers is available to support you in a wide variety of real estate frauds and issues, including:
At ME Law, our impressive winning record comes with exceptional “people skills.” After years of working closely with individuals, companies, agents, buyers, and vendors, we will work tirelessly to solve your disputes while minimizing costs, delays, and negative outcomes. Consult our FAQ section or give us a call.
Our Fees depend on your specific situation. We provide an initial FREE 30 minutes consultation to evaluate your case. We will then determine the complexity and the amount of work that needs to be done, any other factors that might influence your particular situation. We discuss with you payment options such an hourly rate fee or block fee following that.
At ME Law, for regular property purchases or sales, we usually charge a standard block fee for our legal services. We then charge additional fees for the following:
Please note that there are also might be other additional fees associated with selling, purchasing a residential property and purchasing and selling a commercial property, such as unpaid taxes,property management fees, penalties and others.
Please contact us if you any questions.
The process can start before you make the decision to purchase the property, either residential or commercial, by reaching out to retain a lawyer. The lawyer will be able to explain to you in detail the process and what will happen once the agreement becomes binding. Once you decided to purchase the property an agreement of purchase and sale is then drawn up between the real estate agents of the sellers and the buyers. Once that agreement is drawn up and signed, if you have not done so, you should quickly retain a lawyer so that the lawyer can review the agreement of sale and purchase to ensure that what is listed in the agreement is actually what the purchaser is buying. The seller would also need a lawyer in order to ensure that the agreement includes everything that the seller is selling. There are also other time periods that each lawyer needs to be aware of throughout the agreement of sale and purchase that the lawyer would explain to both the buyer and the seller. If you are purchasing a condominium, the lawyer acting on behalf of the purchaser will need to also review the status certificate at the same time they are reviewing the agreement of sale and purchase.
The process can last up-to the day of closing. At ME Law we like to always involve our client's throughout the process and we always like to inform them of what has been completed, what the issues are and what the next step are in the process. So you are in a safe hands as we are always trying to exceed your expectations.
Our office is conveniently located in the heart of dowtown Toronto, right across from Royal Ontario Museum (ROM). The closest subway stations are either St.George or Bay/Yonge/Bloor or Museum stations. There is a municipal parking in the back of the building. After our initial consultation over the phone, we will make an appointment and discuss all your matters confidentialy at our office.
You would typically pay a deposit upon entering into an agreement to purchase the property. If you have arranged a mortgage the funds that are advanced by the mortgage company will go towards the purchase price of the property. The lawyer will then provide you with a funds summary of the money that is required to purchase the property along with their legal and disbursement fees. The lawyer will then ask that you either provide them with a certified cheque in the amount outstanding or they will provide you with the necessary information that you require to have the money wired into the lawyer's trust account.
On the day of closing, the lawyer will attend the bank and have a certified cheque drawn up. The certified cheque will include all the money that was wired by the buyer and the mortgage received. If you are not obtaining a mortgage, the lawyer will draw up a certified cheque in amount of money you provided the lawyer.
Title insurance is an insurance policy that protects buyers and the mortgage lenders against any hidden and unknown problems and challenges to the ownership of the property or from any problems that may exist on title that are not known at the time.
Title insurance protects you for as along as you own the property and it protects you from the following (not limited too):
Obtaining title insurance is not mandatory, but some mortgage lenders require that you do obtain title insurance. Your lawyer will usually explain to you title insurance and will be able to purchase it for you when you are buying residential or commercial property.
There are online services available that would help you determine how much land transfer tax you will be paying (Land Transfer Calculator).
You should be aware that land transfer tax applies to all conveyances of land in Ontario and as a first time home buyer you may be eligible for a refund of all or part of the land transfer tax for the following:
In order to claim the refund you must be:
Below is the percentage of Ontario and Toronto Land Transfer Tax that must be paid based on your homes purchase price:
Ontario Land Transfer Tax:
Toronto Land Transfer Tax:
At ME Law we would ask you series of questions that would help us to determine whether you are eligible for refund or all or part of the land transfer tax.
We are members of the following highly-regarded Professional Associations