Real Estate Law
Real Estate Law
Are you buying or selling or refinancing your home? Are you in the midst of mortgage proceedings and need a reliable legal advisor? Here at Ramachandran Law, we offer services to satisfy all Real Estate needs; both in residential and commercial real estate. Buying and selling a property is one of the biggest moments many of us will ever take. Whether it is buying a home or negotiating a sale of a commercial real estate property, it is important to work with a trusted law firm to ensure the transaction is run in a smooth manner.
Agreements of Purchase & Sale for Residential Properties
Buying or selling a residential property is a significant milestone in your life, and our firm is here to provide the legal guidance and support you need throughout the process. We assist clients in drafting and negotiating agreements of purchase and sale for residential properties, ensuring that their interests are protected and their rights are upheld. From reviewing terms and conditions to addressing contingencies and closing requirements, we strive to make the transaction as seamless and stress-free as possible for our clients.
Agreements of Purchase & Sale for Commercial Properties
Commercial real estate transactions involve unique considerations and complexities that require specialized legal expertise. Our firm provides comprehensive support to clients involved in buying or selling commercial properties, including office buildings, retail spaces, industrial facilities, and investment properties. We assist in negotiating and drafting agreements of purchase and sale tailored to the specific needs and objectives of our clients, ensuring that their commercial real estate transactions are conducted efficiently and effectively.
Title Insurance
Title insurance is a valuable tool that helps protect buyers and lenders from risks associated with defects in title to real property. Our firm assists clients in obtaining title insurance policies that provide coverage for a range of potential issues, including title defects, liens, encumbrances, and fraud. Whether you're purchasing a residential or commercial property, title insurance can provide an added layer of protection against unforeseen risks.
Why Ramachandran Law?
Flat Rates
Hassle-Free
Flexible
Trusted
Frequently Asked Questions
Can I sell my house without a lawyer?
Sorry. Ramachandran Law has qualified, licensed real estate lawyers who know all the ins and outs of real estate transactions.
Can I share a lawyer to save money?
Not usually, unless you are related, live in a remote area or are an estate trustee. Otherwise, buyers and sellers need their own lawyers to prevent conflicts of interest and get independent legal advice.
I signed the agreement of purchase and sale. It is too late to make changes?
Not if the other party agrees. A qualified real estate lawyer helps you avoid common pitfalls before you sign a legally binding real estate contract. If you worry you acted impulsively, give us a call.
Can I get my deposit back if I change my mind?
Generally speaking, yes. However, if the seller incurs legal fees, mortgage holding costs or is unable to quickly re-list and sell, you may forfeit some or all of your deposit. You could also be sued for the difference between your offer and a lower offer from the next buyer.
What do you need to close a real estate sale?
Notify us as soon as the agreement of purchase and sale is signed. Email or bring your property title, survey and tax bill, agreement of purchase and sale and mortgage documents. We will meet with you by video call or in person a few days before your real estate deal closes to sign the final documents.
Can I ask the seller to pay the Alberta land transfer tax?
The buyer pays the tax, but you could ask the seller to reduce their price (BTW, it’s unlikely).
Do I need a home inspector for a condo?
Home inspections are a good idea for any real estate purchase. Certainly request two years of strata council minutes to check the overall building condition.