REAL ESTATE TRANSFERS
Jon M Duncan Corporation is the preferred choice for residential real estate legal services and transfers. We ensure a stress-free home buying, selling or refinancing process for home buyers.
Since buying a home for most people is their largest single investment, we help you understand the details and costs involved to ensure a smooth completion. You will need to arrange for financing, bear legal costs, property transfer tax, and remove all closing adjustments before becoming the legal owner of your new home. For non-resident buyers, there are other special considerations.
Our lawyers help in the following step-by-step process for a smooth completion of property transfer:
- Contract of Purchase and Share Deposits
- Mortgage Financing and Requirements
- Remove any Condition or Subject Clauses
- Home Inspection
- Home/Property Insurance
- Closing documents including Title transfer, mortgage, property transfer forms and Statement of Adjustments
- Legal Ownership Transfer and Completion Costs
As your real estate lawyer, we have extensive knowledge required to deal with complex transactions and processes that may arise in the acquisition or disposition of real property. We do all the necessary groundwork to provide comprehensive legal expertise so that you can move in and enjoy your new home hassle-free.
A typical conveyancing transaction where the transfer of legal title of property from one person to another occurs contains two major landmarks: the exchange of contract and completion.
Once we receive notification of your upcoming transaction, we gather additional documentation from your realtor/mortgage lender, as applicable. We perform various due diligence searches regarding title, property taxes etc and liaise with all parties involved with the file. After signing of necessary documents and review closing financial statements, the exchange of title for funds take place on the completion date, while you receive the keys through your realtor.
Our system if conveyancing is such that ensures the buyer of property obtains good and marketable ‘title’ to the land, and has all the necessary rights in-case he or she wants to sell the property, and there is no factor that would impede a mortgage or re-sale.
RESIDENTIAL PROPERTY TRANSFERS
Whether first-timers or seasoned investors; there are a number of criteria that must be met prior to residential property transfers. At JMD, we act in a variety of BC Land Title matters including the purchase, mortgage and sale of real property.
With personal attention and accessibility, we provide unparalleled expertise and resources to maximize your returns on real estate.