Kung, Lo & Jia LLP in Markham, ON. Dependable Legal Services. FREE QUOTES.

Our Fees

One of the most common questions before meeting a lawyer is “How much will this cost me?”. The answer is that it ultimately depends on the specific circumstances of your case. For that reason, we do not charge a fee for our initial consultation.

Every case is different. Every client has different needs. We recognize this and can work with you to find the fee structure that fits you. We are confident that we can provide the most appropriate fee arrangement to suit your personalized needs.

We pride ourselves on providing great value for exceptional legal services by offering a variety of flexible fee arrangements and competitive rates. Below are some common arrangements we have with clients, depending on the circumstances:

Markham Lawyers

Are you looking for Legal Services in Markham or the Greater Toronto Area?

Hourly

We bill based on the amount of time spent on your file, in .1 hour increments. Only time spent on legal work, such as research, correspondence, and court attendences are counted – firm administrative tasks such as accounting and docketing are not billed.

Flat Fee

Depending on your case complexity, or the scope of services required, we may be able to provide services for a fixed fee.

Simple real estate transactions such as residential closings are usually flat-fee. Scroll down below for further details on our real estate closing legal fees.

Limited scope services, such as drafting a letter, or attending a hearing are other examples where we have offered flat fees to clients.

Contingency

In some cases, we are able to take your case on a contingency basis. This means that there will be no upfront retainer for legal fees. Instead, the legal fees will be deducted from the award or settlement arising from your case on a percentage basis.

Contingency is commonly offered for wrongful termination, personal injury, and long term disability cases.

Real Estate

Closing Legal Fees

At Kung, Lo & Jia LLP, we understand that your real estate transaction is one of the most important and costly transactions that you will make in your lifetime. Our legal fees for real estate transactions are fixed and we make sure to be as transparent as possible. Contact us today for a quote tailored to your closing.

For reference, below are fees and details about our services for title insured residential real estate closings of normal complexity, assuming no reasonably unforeseen complications, of a vacant single family property on the date of closing with a purchase price or sale price of less than $1,100,000.00, receiving mortgage instructions five business days prior to closing (if applicable):s

Purchase

For a purchase of a vacant single family residential property and one mortgage with a Schedule I Bank:

Legal Fees: $1099 plus HST*

Plus Disbursements of $452.00 (freehold) $565.00 (condominium)
Plus Transfer Registration Fee of $82.00
Plus Mortgage Registration Fee of $82.00
Plus Land Transfer Tax
Plus Cost of Title Insurance
Additional Cost for Interim Closings for Preconstruction Purchase of $599 plus HST plus Disbursements

Sale

For a sale of a vacant single family residential property and discharge of one mortgage on title:

Legal Fees: $999 plus HST*

Plus Disbursements of $395.50
Plus Discharge Registration Fee of $82.00 (if applicable)
Plus Law Society Levy of $73.45
Additional debt/mortgage payouts, if required, are $150 plus HST per additional payout required

Mortgage Refinance

For one mortgage refinance of a single family residential property and discharge of one mortgage on title:

Legal Fees: $999 plus HST*

Plus Disbursements of $452.00 (freehold) $565.00 (condominium)
Plus Mortgage Registration Fee of $82.00
Plus Cost of Title Insurance
Plus any Law Society Levy if applicable
Additional debt/mortgage payouts, if required, are $150 plus HST per additional payout required

*The above fees listed are for title insured residential real estate closings of normal complexity, assuming no reasonably unforeseen complications, of a vacant single family property on the date of closing with a purchase price or sale price of less than $1,100,000.00, receiving mortgage instructions five business days prior to closing.

Please note that additional disbursements may apply if required in accordance with LSO Rule 4.2-2.1: HST, government document registration fees, fees charged by the government., Teranet fees, costs of a new condo status certificate, lawyers creditor’s letters and title insurance.

We require mortgage instructions at least 5 business days prior to the closing date. If we are not in receipt of the mortgage instructions at least 5 business days prior to closing, a rush fee of $499 plus HST will be applied to the transaction.

In some real estate transactions, there may be unforeseen issues and/or difficulties that arise as a result of matters beyond our control. We reserve the right to increase our fees to reflect any additional time expended with the completion of your transaction and will contact you to discuss same.