Comprehensive Real Estate Law Services
We have extensive experiences servicing the community over a decade in real estate transactions. Our team shares a common vision when it comes to closing a real estate transaction. Our clients deserve knowledge, dedication, focus and guidance. We are available for our clients from the moment of signing the agreement of purchase and sale, to searching title and conducting any additional searches such as property tax certificate, to meeting with our clients to sign the closing document and finally transferring ownership or registering your new mortgage.
Over the years, we have established strong relationships with private and institutional lenders, real estate agents, title insurance companies and other lawyers to help ensure that transactions go smooth and as stress free as possible for our clients.
Consultation Inquiry
Select Your Real Estate Law Service
We acted for purchasers and sellers of freehold properties, townhouses as well as condominiums. We believe that quality legal service should be available to the general public regardless of the nature and/ or size of their transaction. Our staff places high value in customer-oriented approach, combined with industry knowledge and experience.
How to Start Working with MBLAW for Your Real Estate Transaction
Once you decided that you want to work with MBLAW, our streamlined process will guide you through the steps from picking up your phone to complete a retainer to picking up your keys to your new property.
Initial Consultation
Contact MBLAW to confirm that we can take on your file and meet the necessary deadlines, ensuring a smooth and efficient process.
Retainer Confirmation
After confirming our retainer, we will send you a retainer letter to sign, officially starting our collaboration on your real estate matter.
Document Submission
Send us the requested paperwork related to your file. Depending on the matter, documents may include, but are not limited to, the agreement of purchase and sale, joint venture draft, or lease agreement.
Comprehensive Support
We will confirm receipt of the documents sent and commence our work on your file. Our dedicated team will continue to be available to you until the matter is complete, answering your questions along the way and guiding you through the process.
Reviews of Our Satisfied Customers
We strive to provide a first in class service to our clients by helping them understand the complicated process and guide them to ensure the process is as headache free as possible.
I recently used MBLAW office to complete purchasing a property. Most importantly, they are very responsive in communications to address all my questions. The law clerk was very helpful too to handle the calls and documents. I highly recommend MBLAW to anyone looking for a lawyer for transaction.
I used MBLAW and I am very satisfied with their work. They are very reliable, diligent and very attentive. They make it very easy for their clients to deal with any documentation. A special shout out to Vlad. He is fantastic. He handles everything in a very professional manner and makes sure the client is top priority.
Real Estate Law:
Answers to Your Questions
Does your firm require a retainer and if yes, how much?
Yes we take a modest retainer of $400.00 for our residential real estate transactions . This allows us to commence title and off title searches sooner.
When do I meet with the lawyer to sign my papers when buying or selling the house?
We will meet a few days before closing date. This tight time line allows us to receive mortgage instructions as well as statement of adjustments from the sellers lawyer and prepare the final numbers for your file.
When do I bring the money order for my closing costs and what does that amount include?
You will need to bring money order for your closing costs to the meeting with the lawyer a few days before closing. The money order usually includes remaining amount of your down-payment, Land Transfer Tax, our legal fees and disbursements.
How quickly will my mortgage be paid out from my proceeds of sale and the remaining money deposited into my account?
Your mortgage is usually paid out the same day that we receive funds, sometimes it is paid within 24 hours of closing. However it does take the bank considerable amount of time to delete it from title of your home. Most of the time you will also get your proceeds of sale the same day however, if we get sale proceeds late and are unable to deposit funds, they will be deposited the next business day.
I am a first time home buyer. What do I need to know?
Before signing an agreement of purchase and sale examine all the costs associated with purchasing a property: property taxes, maintenance fees, utility costs. Have an inspection report done so you understand the cost associated with fixing deficiencies. Contact a bank or a mortgage broker to ensure that you are eligible for a mortgage and stick to your budget. We of course will help with filing a first time home-buyer land transfer tax rebate so you will pay less taxes on closing.
Can both the buyer and the seller have the same lawyer to save costs?
Short answer is no. The Rules of Professional Conduct state that each party to an agreement of purchase and sale must have their own lawyer, except in a very limited circumstances.
However, buyers and sellers can work with lawyers hired from the same law firm provided that both parties understand that there is a dual retainer and information between parties will not be kept confidential. Should a conflict of interest take place, both lawyers must withdraw from their retainer.
Real Estate Law Insights
Stay up to date with our expert blog on real estate law topics. Discover valuable information, insights, and trends that can help you navigate the complex world of real estate transactions, protect your interests, and make well-informed decisions.
