Residential Real Estate Lawyer Markham
Handling all of your residential purchases and sales across Ontario.
Residential Real Estate Lawyers In Markham, Ontario
Buying, selling, or refinancing your home or investment property? We can help. Our focus is on closing your deal smoothly and efficiently while making sure your interests are protected.
Whether you’re a buyer, seller, or lender, you need a professional and trustworthy Markham real estate lawyer. We can help. Through the entire process of your residential purchase or sale, we will ensure that your transaction closes smoothly according to the terms in your Agreement of Purchase and Sale. While our office is based in Markham, Ontario, we have closed many residential real estate transactions across the Greater Toronto Area, Peel Region, Halton Region, York, and the rest of Southern Ontario.
The purchase or sale of a residential property is a major milestone in one’s life. Our real estate lawyers will make sure it goes smoothly.
Our Residential Real Estate Legal Services
We can provide trustworthy legal advice and guide you through your real estate transaction with ease. Our real estate lawyers can assist with the following residential services:
Purchase and Sale Agreements
Has your offer to purchase a residential property just been accepted or have you just accepted an offer for your sale property? There will be a written agreement between a buyer and a seller for a particular property that will outline a number of terms and conditions for the real estate transaction. These terms or conditions can be negotiated if the agreement is still conditional. If the Agreement is firm, we can help you understand the terms of your Agreement and guide you through the closing process. It’s best to have a real estate lawyer help you understand everything laid out in the agreement or to negotiate any terms on your behalf if necessary. We can help.
Closing Real Estate Transactions
Is the Closing Date for your real estate purchase or real estate sale coming up? Your Closing Date is when the property is officially transferred to the new owners. There are many steps to a real estate closing and we can help guide you through the process of closing your real estate transaction. Our real estate lawyer can facilitate final transactions, make any adjustments where necessary, and ensure buyers are aware of all closing costs associated with their transaction
Real Estate Litigation
We’re here to protect you and provide legal advice when you need it the most, especially in the cases of a breach of contract, lease disputes, hidden defects, refusal to buy or sell, and more.
Home insurance and title insurance aren’t the same. Title insurance helps protect both the homebuyers and the mortgage lender/bank/private lender if issues arise with transferring of property ownership. If there’s anything we care about most, it’s helping to protect our clients any way we can. Title Insurance is ordered with the closing of a purchase transaction or refinances transaction. We can also help you order an existing owner’s policy.
Land Transfer Tax
On closing day, our real estate lawyer will also arrange for land transfer taxes to be paid when the deed is transferred on the closing of your purchase transaction. We’ll also walk you through how much Land Transfer Tax you can expect to pay on closing. The Land Transfer Tax is based on the purchase price and the amounts are different when purchasing in Ontario and when you purchase in Toronto. If you’re a first-time buyer, you may be eligible for the Land Transfer Tax Refund Program.
Ultimately, we handle all legal aspects when it comes to real estate law. We put your legal needs first and provide a wide range of services to bring peace of mind to you and your family during one of the most stressful and biggest moments of your life. Reach out with any questions you may have. We’re always more than happy to help.
Justin Chun Ting Lo is a founder of Kung, Lo & Jia and practices in real estate law.
Serving clients in the Markham, GTA and Southern Ontario area. Contact him today for legal advice or to represent you in your real estate transaction whether you’re a buyer, seller or lender.
Real Estate Lawyer Markham: A Law Firm You Can Trust
Kung, Lo & Jia LLP will guide you through the process and complete your transaction as efficiently as possible. As a full-service law firm, we are able to leverage the experience of our real estate and litigation lawyers to complete your transaction smoothly. We are ready to assist you with all aspects of buying and selling your home or investment property, including but not limited to:
- Drafting, negotiating and reviewing Agreements of Purchase and Sale and Amendments
- Due Diligence Searches
- Financing / Mortgages
- Mortgage Discharges and Payouts
- Residential Property Purchase and Sale Closings
Our Other Real Estate Law Services
Our lawyers don’t just service residential real estate needs. We can also assist clients in need of commercial real estate guidance, wills and estates, labour and employment, litigation, and more. Visit our What We Do page to learn more about our law firm and services.
The Difference Between Residential & Commercial Properties
A properties zoning designation is one of the main differences between residential and commercial properties. Examples of residential properties include a single-family home, condominium, townhome, semi-detached home, and mobile home, which are often zoned for residential purposes only. Examples of commercial properties include, but are not limited to, office spaces, retail stores, warehouses, multi-unit residential properties with six or more units, and factories, where the zoning by-law of the City allows for specific commercial uses. There are also mixed-use properties that allow for both commercial and residential uses.
Buying a commercial property is a much more complex process, with more stringent lender requirements, and a lot more due diligence needs to be done by an experienced commercial real estate lawyer before you can close your transaction. Whether you are an experienced commercial real estate investor or a first-time commercial property buyer, we can help you navigate the complexities of closing your commercial real estate transaction.
Visit our Legal Fees page to learn more about how we offer flexible and affordable legal fees and services for clients in and around Markham, Ontario. We’re not just in the business to make money. We want to represent each client fairly and professionally so they have someone to rely on during such an important time of their lives. We treat each client like family and take pride in our customer service.
Contact Our Law Office Today
If you’re purchasing or selling a property, you need a lawyer to prepare the necessary documents and contracts and negotiate any terms and conditions on your behalf. Our lawyer can also guide you with ease through the closing date so you have a reliable shoulder to lean on throughout the entire process. A lot of questions may come up, especially if you’re a first-time buyer or seller and that’s okay. Our law professionals are here to relieve your stress and answer any questions along the way. Contact our real estate lawyers today and we’ll connect you with the right lawyer for your legal needs, or feel free to stop by our law office in Markham, Ontario. We look forward to representing you and ensuring your closing goes smoothly.