What's Included - FEE: Refinancing
What is included in our Flat Rate Legal Fee:
- Unlimited access to your lawyer & law clerk via phone and email
- Review of insurance binder
- Preparation of legal documentation for closing.
- Review of lender/bank first mortgage instructions
- Preparation of first mortgage legal documentation.
- Arranging Title Insurance
- Review of Title search and documents
- Review of Writ search and documents
- All internal disbursements such as paper, faxes, long distant charges etc.
- Discharging one first mortgage
- All internal disbursements such as paper, faxes, long distant charges etc.
- Direct depositing one certified cheque drawn on a lawyer's trust account into your bank account.
*$799
What is NOT included in our Flat Rate Legal Fee:
Our flat rate legal fee applies to a residential single family dwelling on city services, being vacant on closing with one first mortgage and no other encumbrances or liens on title. An additional fee of $50 plus HST will apply to any payments to be made beyond payout out of the first mortgage. Our flat rate DOES NOT apply to private mortgages. Our disbursements (if applicable) comply with LSUC Rule 4.2-2.1: HST, govt. document registration fees, fees charged by govt., Teranet fees, costs of condo status certificate, lawyers creditor's letters and title insurance. The fee is valid if our firm is hired and receives the Agreement of Purchase and Sale at least 5 business days prior to closing. If any unforeseen issues arise you will be notified immediately. Note that additional charges apply to investment properties, commercial properties, occupancy closings, lines of credit or additional mortgages/lines of credit, bridge loans or any other matter beyond the scope of what is included in a standard real estate transaction.