HOME

We focus on Real Estate Transactions

Real Estate Lawyer Toronto

PERSONAL SERVICE BY A LAWYER

Welcome to our website where you can find an experienced Real Estate Lawyer in Toronto and the GTA. Our boutique law firm is known for providing exceptional legal services in residential and commercial real estate transactions while treating our clients with the utmost care and attention. Our customers receive timely and cost-effective results with their buy, sale and mortgage transactions. We are easy to work with and will go the extra mile for you. We are firm believers in establishing healthy and beneficial relationships with our clients so that they can always feel at ease when communicating with our office using our skilled legal services. We will take excellent care of you by providing you with a personal legal services by a lawyer in the most fascinating real estate market in Ontario, Canada.

REAL ESTATE TRANSACTIONS

Buying or selling your home in Toronto or anywhere in Ontario, is an important transaction that you are making. It is therefore advisable to hire a knowledgeable Real Estate Lawyer in Toronto. Real estate closings, or as referred to also as real estate transactions may appear to be a simple routine transaction at times, but it is often a highly involved matter that is beyond the scope of a non-understanding person with severe consequences if not followed properly. Eran Gevantschniter, a professional Real Estate Lawyer in Toronto, Ontario, will serve your legal needs and ensure that the purchase or sale of your home is a successful experience from beginning to end. We aim to make the process of buying a home as smooth as possible so that you can enjoy this significant milestone in your life. We've worked on a great deal of transactions, so you can trust that your file will be in good hands, particularly if you hire an experienced real estate lawyer like Eran Gevantschniter.

TRUST YOUR TRANSACTION WITH A KNOWLEDGEABLE REAL ESTATE LAWYER TORONTO

Eran Gevantschniter is a Real Estate Lawyer based in Toronto who understand the ins and outs of the Real Estate Market in Toronto and nearby areas. He knows how things work right from the beginning of a property deal to the final closing. Starting early in the process is a big advantage for our clients, as it sets the stage for everything that comes next. With his experience and the resources at hand, he ensures your dream of owning a home becomes a reality in the best possible way. Every deal is taken seriously, and all the details, even the challenging ones, are carefully studied. The aim is to achieve excellent results for every client. Being recognized as a trusted Real Estate Lawyer in Toronto is a point of pride, and providing top-notch care and attention to clients is something we're truly proud of.

Outlined below are key responsibilities of a Toronto-based real estate lawyer within the context of the closing process.

DRAFTING AND EXAMINING DOCUMENTS FOR THE CLOSING PROCEDURE

In the process of finalizing a residential real estate transaction in Toronto, there is a requirement to sign numerous documents, which encompass, but are not restricted to:

· Acknowledgment and Direction Transfer / Title Deed

· Acknowledgment and Direction Charge / Mortgage

· Acknowledgment and Direction Other Document

· Purchasers closing documents

· Sellers closing documents

· Title Insurance Owner Policy

· Title Insurance Lender Policy

· Applicable Declarations

· Warranty / Bill of Sale / HST

· Tax Certificates

· HST Rebates

· Acknowledgement of Reports

· Mortgages

· Various Directions

· Assisting in drafting clauses for amending an Agreement of Purchase and Sale

· Survivorship Application

· And many more

Eran Gevantschniter, a Toronto-based real estate lawyer, is adept at evaluating, creating, and elucidating all essential documents pertaining to your closing process. His experience ensures a seamless transaction and outstanding outcomes, both within Toronto and the Greater Toronto Area (GTA).

COLLABORATING WITH PROFESSIONALS IN THE REAL ESTATE FIELD.

A residential real estate closing encompasses a multitude of individuals, including:

The purchaser
The seller
Their respective legal representatives
Real estate agents
Mortgage brokers
Home inspectors
Bankers
Landlords
Tenants
Lawyers
Lenders
Appraisers
Condominium management companies
Land Registry Office personnel
Government bodies, including the Ministry of Finance
And various other stakeholders

Effectively managing coordination among these diverse parties can be challenging. It's imperative that your Toronto-based real estate lawyer possesses the capability to communicate seamlessly with these professionals, ensuring a swift and seamless closing process.

TRANSACTION DAY - OWNERSHIP DAY - KEYS DAY - EXCHANGE OF DOCUMENTS DAY - REAL ESTATE LAWYER RESPONSBILITY DAY

In Toronto, Ontario residential real estate transactions are fulfilled by exchanging closing documents and funds between the buyer's lawyer and the seller's lawyer. Once this exchange done successfully then registration of the transfer/deed and if required the mortgage follows. In general, upon completion of the registration of these documents then the seller's lawyer can release the funds to his client and pay off the existing mortgage if required and the purchaser's lawyer can advise the buyer on the keys arrangement. There are other duties and obligations that both lawyers needs to perform on closing as it depends on the nature of the transaction but for simplicity in general this is the process on a residential resales transactions.

We provide services in Real Estate Transactions with over fifteen years of experience. Our services range from:

- REFINANCING YOUR HOME

- SELLING YOUR HOME

- BUYING YOUR HOME

- TITLE INSURANCE

- BUYING A COMMERCIAL PROPERTY

- ASSIGNMENTS FOR THE ASSIGNEE AND ASSIGNOR

- SELLING YOUR COMMERCIAL PROPERTY

- PRIVATE MORTGAGES

- BUYING A NEW PROPERTY

- BUYING PARKING UNITS

- BUYING LOCKER UNITS

- AND ANY OTHER RELATED MATTER CONCERNING REAL ESTATE LAW

Please visit our real estate page for more information. We can also assist should you have title issue regarding your property.

We also provide services in other Fields of Law ranging from Commercial Corporate Law, Estate Law, Civil Litigation and Notarization of Documents. For detailed description of our services please visit our practice area description page.

We located in downtown Toronto at the Eaton Centre and servicing clients all over the GTA and Ontario. We aid overseas clients with exceptional results. We would welcome the opportunity to meet with you and discuss any legal issue that you may have. Appointments can be made to suit your convenience at different locations.

With more than 15 years of experience the Law Office of Eran Gevantschniter is a one-stop shop for all of your legal needs. From general practice and real estate, we have you covered. We represent a wide variety of clients, from individuals to corporations. Approaching each case with our full attention and dedication, we aim to protect your interests and exceed your expectations. real estate lawyer in Toronto. Real Estate Attorney.

Picture of Eran Gevantschniter a real estate lawyer in Toronto, ON, Canada.

The Law Offices of Eran Gevantschniter proudly serve clients across Toronto and the GTA.

Frequently Asked Questions

Please reach us at eran@eranlaw.com if you cannot find an answer to your question.

Do you accept walk-ins?

Yes, we do. However best is to call our office at 416.777.6788 to arrange a meeting.

What are your fees?

First we need to learn about the facts of the transaction and then we provide with a quote.

Can we sign and meet remotely?

Yes, we can do that.

Who is the point of contact from the firm?

It will be Eran Gevantschniter a Real Estate Lawyer in Toronto

Are you open on the weekends?

Generally we are closed, but you can send an email or leave a voice message and will do our best to respond.

On a sale transaction, do you need to do a title search ?

Yes, as it depends on various factors and you want to make sure that your title is good in order to close on time.

How do we get the Keys? Do we pick them up from your office?

Lawyer rarely exchange keys these days on a re-sale. It become customary now to leave the keys in a lock box at the property and the buyer can pick them up after closing. The passcode is usually given to the buyer lawyer after closing to be given to the buyer.

For a pre-construction transaction generally the keys are given on site once the builder and his lawyers are satisfied the with the documents and funds pertaining to the transaction.

Can we meet in person?

Yes, we can. We are physically at the office during business hours/days.

Can you act for both the buyer and the seller ?

In Ontario there is the two lawyers rule that provides that an individual lawyer cannot act for or otherwise represent both the transferor and the transferee with respect to a transfer of title to real property except in certain limited defined circumstances. Please reach out to discuss these certain limited defined circumstances and see if they would apply to your transaction.

What do you think of the purchase price?

I get this question often and I guess its up to the facts of each transaction to know if the price is right. I generally refrain from answering it as there are better professionals to answer this question i.e. realtors, appraisers and the like.

Do we get credit for the occupancy fees on a pre-constructions transaction?

Unless otherwise agreed with the builder, generally the answer is

No!

What happens if the seller or buyer won't perform their obligations under the agreement of purchase and sale ? We are concerned.

I get this questions often and my answer is we need to make sure that we are ready to close on our end, and we will deal with any outstanding issues if and when they surface on a timely manner. In most cases these concerns will probably not materialize at all.

But my friend told me what to do, Right?

Occasionally when a legal matter arise, I get the comments that a friend of the client told him/her what to do, and therefore this is how the matter should be dealt with. I always respond to them, that sometime listening to your friends can be misleading and the best thing to do is to listen to a professional person that has experience in this field such as a real estate lawyer in toronto. We are trained professionals with vast experience in this field, and generally capable to resolve legal issues or guide you to a proper resolution on the matter.

Can you close in another province in Canda or the USA?

The answer is quite straight forward. As I only practice in Ontario, Canada we can only close in Ontario. We do however can assist in notarizing or commission documents which will be required in other provinces or countries.

Can we sign using DocuSign?

It depends as some lenders do not approve the usage of DocuSign, and therefore a different method will be required in order to complete your real estate transaction.

Can you review a Status Certificate on a short notice?

Yes, we understand that at times its critical to review the status certificate on a short notice in order to assist clients with their real estate transaction.

Can you review a pre-constructions agreement during the cooling off period?

Yes, this service is offered both in person meeting or virtual meeting.

What do you think about the real estate market?

The current real estate market is experiencing dynamic shifts, influenced by a combination of economic factors, interest rates, and evolving buyer preferences. While demand remains strong in certain sectors, particularly for residential properties in desirable locations, there is increased caution due to fluctuating interest rates and market uncertainty. Investors and buyers are weighing opportunities carefully, and market adaptability is key. While the long-term fundamentals of real estate remain sound, we are likely to see more selective investments and strategic transactions as stakeholders navigate the changing landscape. It’s an interesting time for the industry with both challenges and opportunities ahead.

I automatically qualify for the HST Rebate on a new construction with the builder?

The answer is no, and this is an issue that requires careful attention. Generally, builders will allow the rebate if the property serves as the buyer's primary residence and the buyer meets all the necessary qualifications. If these conditions are not met, the buyer will need to pay the HST rebate and apply to the CRA for the rebate after closing. For rental properties, buyers typically need to apply for the rebate after closing. It is advisable to consult with a professional to determine if you qualify.

ERAN GEVANTSCHNITER
REAL ESTATE LAWYER

Trusted Real Estate Lawyer Toronto

We focus on Real Estate Transactions

Real Estate Lawyer Toronto

Frequently Asked Questions

Contact Us

Drop us a line!

Better yet, see us in person!

Eran Gevantschniter Barrister & Solicitor