What A Real Estate Lawyer Does In Alberta
Title, funds and keys: the lawyer's role in getting you to possession day.
In Alberta, a real estate lawyer handles the legal side of your purchase or sale. Here's what they actually do.
For Buyers
They review the purchase contract, search the title for liens or issues, prepare the mortgage documents with your lender, and register the transfer at Alberta Land Titles.
You'll meet them to sign documents and bring in your down payment and closing costs, usually a week or so before possession.
For Sellers
They pay out your existing mortgage, clear the title, and send you the remaining money after closing.
Costs
Expect legal fees, disbursements and land titles registration fees. Our closing cost calculator on the Mortgage page gives you a ballpark, and it's worth getting a quote from a couple of lawyers.
Keep Reading
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Selling And Buying At The Same Time
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