Real Estate Transactions




Whether you are buying or selling your home or business, taking out a mortgage or refinancing, I can help you with the process make the transaction as stress-free and seamless as possible.

Provide your realtor, lender, or mortgage broker with my business card, and they will send me the appropriate documentation required for me to start work on your transaction.

Real Estate Services Offered


If you don't see what you need, give us a call or email.

  • Purchase and Selling of Land
  • Mobile Home Transfers and Registrations
  • Mortgages and Re-Financing
  • Transfer to surviving Joint Tenant
  • Transfer to Administrator or Executor (Note that I cannot perform the probate process)
  • Family transfers
  • Change of name at Land Title Office
  • Change of address at Land Title Office
  • Leases, Easements, Right of Ways
  • Covenants
  • Claims of Builders Liens
  • Releases of charges on the land title
  • Contracts of Purchase and Sale

What Will It All Cost?


Possibly the most stressful part of buying or selling a property is the unknown cost. So, what is the cost? Below is a breakdown of the extra costs that must be paid. All amounts are approximate and can change at any time.



Other than the purchase price of the property, property transfer tax, GST (if you are buying a new home), and of course legal fees, you can expect to pay disbursements and adjustment amounts.


DISBURSEMENTS

Disbursements are the fees charged by various third parties for their services. Those fees charged by third parties are out of the control of any notary or lawyer that takes care of your real estate purchase. The list of fees below are aproximations only, may change at any time, and may not be exhaustive.

ADJUSTMENTS

An adjustment is an equitable accounting of the property tax, utility fees, strata fees paid or to be paid (if applicable) and rents if the property is rented. (Example)


STRATA MOVE-IN/MOVE-OUT FEES

Many strata corporations require a fee of $0 to $200+ to move in and out of a building. The amount of the fee charged is dependant on the strata corporation. Some may charge a fee, others do not.


Your property has been sold. Other than your realtors commissions and my legal fees, there are other fees payable in relation to the selling of your property. Those additional fees will be deducted from the proceeds of the sale and will be paid by my office to the appropriate parties. Those fees are approximatley as follows and include:


DISBURSEMENTS

Disbursements are the fees payable to the various third parties. I will collect those fees from you and pay them to the appropriate party on your behalf. The list of fees below are aproximations only, may change at any time, and may not be exhaustive.

ADJUSTMENTS

An adjustment is an equitable accounting of the property tax, utility fees, strata fees paid or to be paid (if applicable) and rents if the property is rented. (Example)

Contracts of Purchase and Sale


A purchase and sale of real estate in BC must be in writing to be legally enforceable. It is the buyers responsibility to present the seller a Contract of Purchase and Sale setting out the terms of the offer to purchase the property. The seller will often negotiate those terms, but when the parties finally come to an agreement and both sign the form, the contract to purchase and to sell the property is legally binding - subject to the terms set out in the contract.

Your Realtor will prepare the Contract of Purchase and Sale on your behalf and present it to the seller. In cases where you are not going through a Realtor (private sales, for example), it is imperative that you seek someone out to look after your best interests. My office can draft the Contract of Purchase and Sale on your behalf, or if you are the seller, we can review the offer presented to you.