When buying real estate, at the closing of the transaction, a title transfer is completed to legally transfer ownership from the seller to the buyer. Other scenarios where a title transfer may also be required include: when a person wants to refinance their property and the financial institution request that a person be added or removed from title to qualify for a mortgage; if there has been a separation between the parties who own the property; and/or if a property owner wants to add a spouse or other family member to title or remove a name from title for estate planning purposes.
When transferring title, a conveyancing lawyer has to ensure they performed appropriate title searches, obtained title insurance, advised current mortgage lender of any title changes and directed their client to obtain legal advice for tax and estate questions. Moreover, transfer of title requires an exchange of important documentation including but not limited to ownership documents, property tax bills, bank statements, and property insurance. All the signees need to provide photo identification before signing the transfer documents. In most cases, two lawyers are required to complete a Title Transfer.
At MB Property Law, our real estate lawyer helps clients in transferring title to the property as well as educating them on important information related to the transfer. For instance, if title is to be held in the case of multiple purchasers, we explain to clients the difference between joint tenants and tenants in common. Moreover, we explain all fees related to the title transfer such as legal fees, land transfer tax, legal disbursements, land registry sub-searches and registration costs in a comprehensive manner.
extra care and attention beyond the call of duty and very happy with their professional attitude. No problems,Only Solutions. Finally met someone who cares and is honestly genuine to the core
Maria and her knowledgeable and hardworking staff provided us with excellent service in our property closing. They are easy to reach, answered all questions we had timely and professionally. I would certainly recommend MBLAW to my friends and family. And I will work with them again if I need Real Estate lawyer's help.
It was such a great pleasure to work with MBLAW and Mariya in particular. I am a non-resident of Canada and Mariya took her time to explain the process of selling the property and tax implications after closing. She referred me to a great accountant who was able to get the certificate in record time. Mariya went above and beyond her call as my lawyer to help me. The buyer has some post-closing issues but Mariya was able to handle the situation with minimal cost to me. Very dedicated and professional. Would recommend 100%! Thank you, Mariya! You and your company are the best!
We have closed our real estate transaction with Mariya. Mariya is very professional and competent legal practitioner who is always ready to answer questions and help. Her final report was impeccable! I highly recommend her firm and real estate services to anyone!
I would highly recommend this firm to anyone seeking a real estate lawyer. Mariya is very knowledgeable, personable and is easy to reach. She goes above and beyond to answer all client questions and inquiries and ensures that clients' transactions go through smoothly and without a hitch. Her staff is also helpful, friendly and very responsive. Overall a great firm!
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