Real Estate

Purchasing Property Can Be A Complex Matter

Purchasing property can be both exciting and overwhelming at the same time. For most individuals, buying a home can represent the single largest purchase of their lives. In these challenging times, it is important to have a Lawyer who can answer your questions and guide you through the process.

At Dunsmuir Ridler, we can protect your interests in buying or selling real estate by checking the details of the sales contract. You can avoid disputes with the seller later on with legal advice at the contract stage of the process.

A Lawyer For Important Decisions In Your Life

When purchasing residential property, individuals can face numerous complicated documents. Additionally, your unique situation can lead to various fees, taxes and potential penalties if the proper steps are not followed. The staff at Dunsmuir Ridler has the knowledge and experience necessary to guide you to an efficient, cost-effective resolution.

• A knowledgeable Lawyer can help in a wide array of circumstances such as:
• Reviewing existing purchase contracts
• Drafting new contracts
• Real estate closing
• Taking an advisory role on tax implications

These factors, and many others, can quickly become overwhelming. Whether this is your first property or you have purchased several properties in the past, a skilled Ontario Lawyer can provide legal advice and the honest answers you need.

Our Firm Can Guide You Through The Sale Of Property

Selling your home may involve looking for any hidden problems or legal issues, which a competent Lawyer can do for clients with no previous selling experience. The goal is to complete your sale on time and with all contracts in order to protect your financial interests and legal rights.

Helping clients in Ontario and the York Region, we believe you should involve your Lawyer from the beginning of your sale process, starting with signing your real estate agent’s listing agreement. At Dunsmuir Ridler, your Lawyer can look at the details of your sales contract to ensure proper legal language, address any unusual conditions, and make sure the facts and details are correct.

When you need legal guidance for your residential property sale and transfer, call or email our firm to schedule a confidential consultation.

Transfers Of Property

Transfers of property typically occur between family members or from a trustee to a beneficiary. While a property transfer might seem like a straightforward process on the surface, there are numerous pitfalls to be avoided. At Dunsmuir Ridler, we can thoroughly examine your situation and provide the legal direction you need for an efficient resolution.

With the exception of specific exemptions for certain conveyances between spouses and transactions involving family businesses and family farms, all conveyances between family members can be subject to the same land transfer tax liabilities as conveyances between nonfamily members. Discuss your matter with our firm to learn more about the challenges you might face through the legal process.

Dunsmuir Ridler Offers A 30-Minute Consultation

The Newmarket office of Dunsmuir Ridler can be reached by phone or through its convenient email system. Our office hours are 8:30 a.m. to 5:00 p.m. weekdays. The firm offers services in English.

Various Factors Can Lead To Refinancing

There are many reasons why people want to refinance their current mortgages, including debt consolidation, financing home renovations, funding a child’s education and freeing up cash to take advantage of other investment opportunities. Many homeowners are refinancing their homes to simply take advantage of lower interest rates.

Whether you are refinancing because it’s the end of your mortgage term, or you are remortgaging to take advantage of the equity in your home, our Lawyers are available to assist with the legal work involved. If you have been approved to refinance your home, please contact Dunsmuir Ridler in Ontario to discuss how we may assist you.

The Refinancing Process

Your mortgage broker or financial representative will advise you as to what documentation you may need in order to qualify for a new mortgage. Once all of the required documentation is collected by your broker/representative and you have been approved for a new mortgage, your new lender will send mortgage instructions to our office. Once our office receives your new mortgage instructions, we will then contact you to arrange an appointment and let you know what you need to bring to your meeting. You will meet with one of the Lawyers at our firm at which time you will sign all required documents necessary to process your new mortgage.

Our office will immediately request that your new lender provide us with the money for your new mortgage. Upon receipt of the money, we will pay out your previous mortgage and any other debts that your new lender requires us to pay. We will provide to you any remaining funds. Once your new mortgage is registered in the Land Registry Office, we will provide you with a full and detailed report showing that the new mortgage is registered, a full accounting of all monies received and disbursed, and copies of all documentation relating to your refinance. We will also send a report to your new lender.

Contact Our Office To Schedule A 30-Minute Consultation

Our Newmarket office can be reached by phone or through our convenient email system. The hours of operation for Dunsmuir Ridler are 8:30 a.m. to 5:00 p.m. weekdays. We offer services in English.