Please reach us at [email protected] 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?
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.