When buying property in Canada, IREMWORLD acts as an arbitrator between seller and buyer for every sale, we just want to close the deal professionally. When we add a property to our portfolio, we check the company’s reputation. We guarantee that you are buying the property directly from the owner. As we close hundreds of transactions every year with Zero Failure success, we are confident.
We have a list of independent lawyers who speak English, Arabic, Russian and Persian languages where you can choose your lawyer.
What The Lawyers Roles ?
There are standard property controls for a safe purchase that lawyers and attorneys help.
The purchase of real estate may vary from country to country. There are not the same rules and standards in all countries. We recommend that you buy property from a reputable real estate agency and many years of experience like IREMWORLD.
A more important part of buying a property is getting in touch with the right party and understanding that the seller is selling the right property that they are showing you. Lawyers can secure these issues and your money with a due diligence report.
a) When you decide to buy a property, a lawyer perform your first checks at the title deed office to cover:
Basement
Mortgage debt
Taxes
Tax liability
Other debts and duties
Whether or not it is 100% owned
Check the fact of ownership of the property as indicated in the deed
b) Lawyers also check these associated licenses:
Building permit
Planning permissions
The booking contract protects the property on behalf of the customer and confirms the agreed price and conditions of sale. It also shows that the payment made as a deposit guarantees the conditions agreed in the contract.
– If there is a booking contract that contains the conditions agreed by the parties, the lawyer draws up the sales contract accordingly.
– In the absence of a prepared contract and agreed terms, the lawyer draws up the sales contract according to the satisfaction of all those who legitimize their requests.
– If a contract is already in place, the lawyer should review the contract to make sure it is not violating the client’s rights and is completely legal.
Legal Fees In Canada
The legal assistance fee for the lawyer in Canada is 1% of the purchase price of the minimum property amount of $ 2.000 + 18% VAT except Canadian Citizenship program. Canadian Citizenship program cost for family of 4 (2 adults and 2 kids under 18 years old) is around 6000 USD + 18% VAT – These fees can vary from attorney to attorney. Request details about the purchase process of your case and legal entities.
IREMWORLD has a list of names of English-speaking lawyers. Since attorneys are committed to protecting your rights, they are not tied to our business.
However, when you buy your property from IREMWORLD, we will carry out the entire process safely and at no cost to attorneys.
This will avoid inconvenience.
If the seller or their real estate agent is not trustworthy when buying a property, problems can eventually arise. Since you don’t know how the foreign property buying process works, controlling the process can be difficult and have unintended consequences. In such cases, an attorney can avoid the hassle. However, there are good real estate agencies in Canada that will complete the buying process without any hassle. You may prefer to use a professional real estate agent to avoid legal fees. You can contact us to buy a property in Canada with Zero Failure.