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Real Estate Lawyers in Oakville, Ontario

At Diamond & Diamond, we understand how confusing – and often overwhelming – the real estate industry can sometimes feel.

After all, buying or selling a property rarely involves only that. There are also very delicate negotiations to consider. A process that needs to be followed to the letter or you expose yourself to costly problems (not to mention liability) later on.

A passionate, dedicated real estate lawyer in Oakville, however, can help clear up a lot of this confusion and can help mitigate the risk that you’re exposed to at every turn. Not only will they help to guarantee that everything is moving exactly as it should, but they’ll also act in your own best interests in a way that makes the best possible outcome no longer a matter of “if” but “when.”

Our Services: Breaking Things Down

As leaders Oakville real estate law, we offer a wide range of services designed to meet your needs. These include but are not limited to things like:

  • Negotiating the purchase or sale of not only homes, but also townhouses and condominiums as well.
  • Securing title insurance, both for existing properties and for new construction.
  • The preparation of purchase and sale agreements, applicable to ANY real estate transaction.
  • Preparing (or reviewing) leases for residential and commercial properties.
  • Assisting with the purchase and sale of both residential and commercial properties.
  • Mortgage refinancing for both residential and commercial properties.
  • Assisting with the transfer of a title between two spouses.
  • Assisting with the occupancy closing matters for a new build.
  • And more.

The right, proactive real estate lawyer won’t just help you make sense of everything that you’re being asked to provide and do. They will help keep you in-the-loop at all times, making sure that you understand every aspect of a transaction as it is unfolding.

They’re your key to not only a satisfying conclusion, but also prompt and accurate information that allows you to rest easy at night knowing that your best interests are being looked after by someone who knows what they’re doing.

From that perspective, the question is not “can I afford to bring in a real estate lawyer in Oakville for my next big transaction?” Instead, it is simply:

“Can I afford not to?”

By now, the answer to that should be clear: no, you cannot.

The Many Situations Where You’ll Need a Real Estate Lawyer in Oakville

In truth, there’s no one reason why enlisting the help of a good real estate lawyer is always recommended before you begin your real estate transaction.

There are many.

Each not only represents a potential obstacle that can delay a satisfying outcome, but also a very precise process that must be followed to the letter to guarantee the best results in the first place. All told, the situations where a real estate lawyer will prove their worth include but are not limited to ones like:

  • New home purchases. Not only will Oakville real estate lawyers help you understand the meaning of all the clauses in an agreement to purchase or sale (APS), but they can also apply their unique knowledge to specific situations like buying a brand new home from a builder and more.
  • Preparing the agreement to purchase or sale. A lawyer can not only review the various forms necessary to obtain this document, but they can help with the makeup of the document itself.
  • Title searches. Without a title search, there are certain issues like judgments, liens, back taxes and other outstanding issues that could lead to frustrating (and expensive) problems down the road.
  • Purchasing new condominiums. A lot of people don’t realize that purchasing a condominium is a lot different from buying a more traditional home. A real estate lawyer in Oakville will help keep you in the loop at all times, guaranteeing that you’ll always have a chance to make any appropriate plans necessary.
  • The preparation of documents. A lot of people don’t realize just how many documents are involved in even a small real estate transaction until they’re already in the thick of it. The right real estate lawyer in Oakville will not only assemble and prepare all of these documents, but will help you understand everything in a clear and transparent way.
  • Mortgage preparation. This delicate process involves not only meeting with you to review all the conditions and terms of the mortgage, but making sure that everything is also fully in keeping with all that you’ve previously agreed to with your bank or other financial institution.
  • Management of closing funds. Understanding what funds are due on which date is one thing – actually having those funds at the ready is something else entirely. A real estate lawyer can help make sure that all funds are provided to those that need them so that you can always make the best decisions possible moving forward.
  • Property closing. This should be an enormously exciting day – not one filled with stress and frustration. Oakville real estate lawyerscan not only help you with all electronic registration needs, but they can also make sure all of the necessary forms are filled out in advance so that you can enjoy this day to the fullest.

As you can see, there are a number of different ways in which a real estate lawyer can prove their worth before, during and even after a transaction. Not only are they always on hand to advise you about what to expect, but they can also get you timely answers to all of your critical questions so that you can rest easy knowing that you’re always being taken care of.

Contact Diamond & Diamond Today

At Diamond & Diamond, we’ve spent years working hard to build up our reputation as the best real estate lawyer Oakville has to offer – and that time represents experience that we’re honored to be able to leverage to your advantage. Regardless of whether you’re the buyer or the seller in a real estate transaction, we’ll always be there for you.

We’ll work hard to make sure you’re always aware of what is expected of you, that you always know what is going on, and that your best interests are always protected regardless of what little surprises life happens to throw at you.

If you’d like to find out more information about the importance of a good real estate lawyer in Oakville, or if you’d just like to discuss your own needs with someone in a bit more detail, please feel free to contact Diamond & Diamond today. Likewise, know that you can always call 1-888-INFO-LAW for your totally free, no obligation consultation.

FAQ’s:

Is a real estate lawyer cheaper than a realtor?

Paying a real estate lawyer is relatively cheaper than hiring a realtor. However, each provides a different set of services and support, and both are arguably necessary to ensure an optimal outcome on your home sale. Many provinces even require that a lawyer be present at closing.

How much should I budget for closing costs in Oakville?

Generally, it is a good idea to budget between 3% and 4% of the purchase price of a resale home to cover closing costs. This includes land transfer tax along with other lawyer and legal fees. You can find out your closing costs using an online real estate calculator.

Do I need a lawyer for closing?

Depending on your province’s laws, you may not be required to have a lawyer at the closing. However, you can choose to have a lawyer review your documents before closing.

What should I not do before applying for a mortgage?

Try to avoid having unpaid debt, old credit cards, loans, a poor credit score, multiple home addresses, and financial ties to other people that have a weak credit score. Even if you paid this debt off on time, it can still affect the outcome when you apply for a mortgage. It means you shouldn’t take on additional debt or leave unpaid debts before applying for a mortgage.

What information is contained in a title search?

A title search can be used for many purposes, as it includes the names of the property owner(s), restrictions on the land, mortgage details, lease details and other relevant information associated with the property.

Can a loan be denied after property closing?

Yes. After your loan has been deemed clear to close, your lender will update your credit and check your employment status one more time. Even if you left your job for another job with equal pay, your loan could still be denied, or delayed, depending on the type of loan you have.

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Diamond & Diamond Ontario Head Office

255 Consumers Road, 5th Floor, Toronto, Ontario

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Diamond & Diamond Alberta Head Office

4246 97 Street NW, Unit 103, Edmonton, Alberta

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Diamond & Diamond British Columbia Head Office

1727 West Broadway, Suite 400, Vancouver, British Columbia

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Barrie

168 Bayfield Street

Calgary

1331 Macleod Trail SE, Suite 645

Calgary

2713 14 St SW

Calgary

600 Crowfoot Crescent NW #240

Edmonton

4246 97 Street NW, Unit 103

Halifax

1701 Hollis St

London

256 Pall Mall St, Suite 102

Oakville / Mississauga

2939 Portland Drive, Suite 200

Oshawa

50 Richmond Street E, Unit # 108 B

Ottawa

955 Green Valley Crescent, Unit 315

Sudbury

31 Larch Street, Unit 300

Surrey

1104 – 13737 96 Ave, Surrey, BC V3V 0C6

Toronto

255 Consumers Road, 5th Floor

Toronto

1678 Bloor Street, Suite 302

Vancouver

1727 West Broadway, Suite 400

Windsor

13158 Tecumseh Rd. E. Unit 3B