Your lawyer’s role is to offer legal advice on property title and items related to closing on your new home. The title to your new property must be investigated for any potential issues that may affect your rights to the property. The lawyer will prepare your closing documents and arrange for the transfer of funds and property title.
In addition to your purchase price, there are additional costs that you may need to budget for on closing day, which include:
Your lawyer can provide a detailed breakdown for your property. These costs, along with any additional funds not provided by your lender, will need to be given to your lawyer by way of bank draft/certified cheque.