Real Estate Law Professionals
Real Estate Law
Professionals in Ottawa
Real estate purchases are not only delicate and significant but tiresome and tedious as well. Our real estate professionals at Langevin Law understand this and are committed to making real estate legal matters as engaging and efficient as possible.
We leverage our expertise and extensive training to give you the premium real estate services you deserve. Contact us today to get started with Ottawa’s leading real estate professionals.
WHAT WE OFFER
Let the Lawyers
What Our Real Estate Lawyers Do for the Buyer
Purchasing a home or commercial property in Ottawa is probably the biggest financial decision you will ever make. Professional assistance is needed to ensure that every necessary step of this life-changing decision is followed. Your real estate lawyer is the one who ensures that every legal paperwork is properly filled out and signed. If you are buying your first house, you undoubtedly already know that you need a lawyer but might not be entirely certain of their exact function. When buying a house with Langevin Law, our real estate lawyers will:
- Review the agreement of purchase document
- Check for claims against the property
- Ensure you have title insurance
- Ensure title is valid at closing
- Verify that property taxes are up to date
- Review land transfer tax due
- Draw up mortgage documents
- Review and ensure that all financials and legal conditions are met
- Facilitate exchange of documents and keys with the sellers lawyer
Real Estate Law Professionals
What You Can Expect from Langevin Law
You can expect to receive the close attention of Ottawa & Cornwall’s trusted real estate lawyers. Langevin Law’s lawyers, just like you, are familiar with the troubles posed by the real estate process.
We make buying, selling, and investing in real estate and stress-free and straightforward process through our decades of professional and personal experience. Contact us today to secure the property of your dreams.
It is crucial to exercise extra caution when entering into a contract because buying or selling a piece of property is often the largest transaction the majority of people will engage in throughout their lifetime. This involves seeking legal advice before signing a purchase and sale agreement.
Although the majority of real estate boards and the Ontario Real Estate Association offer sample agreements, each contract should be expertly examined by a lawyer who can make changes to the agreement to better assist buyers or sellers.
Yes, we do.
At Langevin Law, we understand that purchasing your first home can be an exciting yet daunting experience. In order to protect your investment as a first-time home buyer, you must be aware of numerous legal considerations. That’s why we offer comprehensive legal support to help guide you through the process.
Several first-time home buyers have received assistance from our team of knowledgeable Ottawa real estate lawyers in navigating the intricate legal aspects of property buying. To make sure you completely understand your rights and obligations and that you always make wise decisions, we offer individualized advice and counsel.
We can assist you with every step of the home-buying process, including reviewing purchase agreements, mortgage agreements, and any potential legal concerns. We will work closely with you to guarantee that your transaction is carried out effectively and efficiently and that you are happy with your investment.
At Langevin Law, our Ottawa real estate lawyers are committed to providing our clients with exceptional legal support and outstanding customer service. Contact us today to schedule a consultation and learn more about how we can assist you as a first-time home buyer.
In Ontario, it is customary for each party to a buying and selling agreement to have their legal counsel. The same attorney cannot, with very few exceptions, represent both parties, according to the Rules of Professional Conduct for Lawyers. A lawyer runs the danger of going against their core commitments, which include providing competent client service, maintaining client confidentiality, and remaining devoted to their particular client if they represent both the buyer and seller at the same time.
However, if both parties agree, buyers and sellers can deal with attorneys from the same legal firm.
We advise our clients to plan the closing dates on different days when they are both buying and selling a home to reduce stress.
People must keep in mind that they must complete their sale transaction before using the proceeds to pay for their acquisition. Any issues that develop on the day that your sale closes could have a negative effect on how your purchase deal closes as well.
If your purchase and sale don’t happen on the same day, you’ll have plenty of time to make the preparations needed to handle any unforeseen problems that might develop. Avoid scheduling your sale and your purchase for the same day if at all possible.
Title insurance is a type of insurance provided by an insurance company that protects the buyer of a home and the mortgage lender from loss or damage incurred as a result of covered title risks and defects.
Title insurance, to put it simply, is an insurance policy that covers the ownership or status of the title to real estate at the time the policy is issued. It gives a buyer ownership protection against losses or damages sustained as a result of title issues.
Our lawyers at Langevin Law when acting for buyers inform their clients about title insurance and its advantages, conditions, and limitations.
Our real estate lawyers advise buyers to get title insurance because no lawyer can completely guarantee that there are no hidden claims, that what appears to be the prior owner’s or consenting spouse’s signature is a genuine signature, or that there hasn’t been fraud or forgery involving the subject property. Title insurance merely adds another layer of protection for the buyer and does not take the place of representation by counsel.
If you’re getting a mortgage, you cannot make a residential purchase without showing proof of fire insurance. Before closing, your fire insurance agent must deliver a fire insurance binder (a letter confirming insurance) to your attorney. This binder must contain the guaranteed replacement cost coverage as well as information on any mortgagees.
Insuring the entire condominium complex is handled by the condominium organization on behalf of buyers of condominiums. Even then, getting contents liability insurance is advised for owners of separate units.
It is always a good idea to purchase fire insurance before closing, with coverage taking effect that day.