Your Real Estate Lawyer Serving Vaughan
Committed to Closing Every Deal
Real Estate Lawyer in Vaughan
MB Law – your Vaughan real estate lawyer, comprises of a legal team dedicated to assisting the Vaughan community to buy and sell real estate property. This is where we excel. Our legal team prides itself on industry knowledge, experience and rapid response which insure that our clients are properly represented and ensure the transaction will close on time. Along the way, we handle all the processes related to the deal including land transfer tax, property taxes and other miscellaneous components.
Our real estate lawyer office has been in business for more than a decade, forging relationships with real estate agents, private & institutional lenders, lawyers, and title insurance companies. We are focused, efficient and committed to protecting the rights and interests of our clients.
The MB Law team shares a common vision of commitment to the client and thorough transaction management and control. We have helped hundreds of people to transact in commercial and residential property. Our experienced and qualified team has earned community trust by ensuring that all critical deadlines are met and dispensing professional advice on all property transactions.
Our Services
Buying and selling property can get complicated. MB Law provides outstanding legal services ensuring that real estate law related transactions run smoothly. Our legal and support teams work tirelessly to protect our clients’ interests. They are committed to the delivery of reliable and timely legal services.
Real Estate Lawyer Vaughan
Mortgage Refinance
Mortgage refinancing involves acquiring a new mortgage to consolidate debt and reduce the burden of interest. This is a complex process and requires the input of an experienced real estate lawyer, who understands all the requirements and pitfalls. Our legal team will ensure that the transactions are promptly and efficiently completed and that the rights and interests of the client are protected.
MB Law helps clients create a reliable debt-repayment strategy to be certain that the client is able to meet the required repayments.
HST Rebates
If you have recently purchased a condominium or a home from a builder in Vaughan for investment purposes, you may be wondering whether you qualify for a refund under the new housing HST rebate. These regulations may seem clear to some, but if the claim is not correctly completed you may become ineligible even if guidelines suggest otherwise.
An experienced real estate lawyer can ensure that you get what you deserve when it comes to HST rebates. If you have already completed the transaction and have not applied for the rebate, our lawyers can help you to make a claim.
Independent Legal Advice
Ontario courts prefer individuals purchasing real estate to have procured independent legal advice regarding adverse outcomes potentially arising from real estate tractions. Contact one of our lawyers to receive assistance reviewing agreements of purchase and sale. Receive personalized advice for your unique real estate purchase situation, with a full understanding of the result.
Title Transfers
A qualified real estate lawyer must handle the title transfer process. This ensures proper documentation of changes in property ownership while preserving the relevant rights pertaining to the Family Law Act rights. Whether you are adding a family member on title, or removing someone from the existing property, our team can help.
No matter the reasons an experienced real estate lawyer will ensure that the transfer is properly executed. Property is a valuable asset and should be protected.
Private Mortgages
Private mortgages are generally easy to obtain. For borrowers there are also fewer application requirements when compared to traditional mortgages. These loans are common among borrowers whose mortgage applications are rejected by traditional lenders or who want mortgage services tailored to their needs.
MB Law firm has represented borrowers and private lenders for many years. Private mortgages are associated with higher risks for the lenders so they can get complicated. An experienced lawyer will help to overcome any complications and make sure that you understand the terms and conditions of the contract.
Your lawyer will review your mortgage commitment before you sign it and inform you if there are hidden clauses that could complicate the loan repayment process or diminish your rights. If you are planning on getting a private mortgage, be sure to consult with a legal professional who specializes in private mortgages to protect your interests and rights.
Business Incorporation
Incorporating a business can be a challenging process. It requires careful analysis of various factors to determine how to incorporate the business properly. A provincially-incorporated company has a legal right to operate in the province in which it was incorporated. By contrast, a federally incorporated business has the right to carry out its activities in all provinces.
Our experienced lawyer can help you to review your company model and shed more light on whether to incorporate your business federally or provincially.
Protecting YOUR Interests in
A Real Estate Transaction!
Vaughan Real Estate Lawyers Who Value Your Trust
Experience
We have practiced real estate law for more than a decade. We have built our business by developing a relationship of trust with clients. We always ensure that we conduct ourselves professionally through all our transactions.
Multilingual
Our team of real estate professionals speaks Hebrew, English, and Russian. The multilingual environment ensures that our clients understand the fine print before they sign on the bottom line.
Dilligence
We strive to address any potential issues before they arise and respond to all possible challenges before the closing date. This eliminates stress, giving our clients peace of mind.
Cost-Effective
Real estate is the largest financial transaction most people will ever make. For this reason, it pays to be thorough. We work with our clients to ensure that all property-related transactions are handled professionally and on time.
Passionate
At MB Law, our greatest reward is our clients’ satisfaction. We are passionate about what we do, and we are fully committed to bringing that passion to each of our client’s transactions.
Personal Attention
Our staff understands the importance of these property transactions, so we are never too busy to take a call or to offer advice.
Cultivating Relationships
MB Law’s primary objective is to forge long-term relationships that do not end when property-related transactions close. By understanding our clients’ needs and objectives, we can successfully serve them now, and in the future.
Dedication
Our primary objective is to ensure that we enable the professional completion of all property-related transactions.
Frequently Asked Questions
Yes, a seller can sue a buyer if they back of a contract for reasons that do not fall within the parameters of what’s acceptable in the agreement or without invoking their rights under a contingency. A buyer can be sued by the buyer to essentially force the sale or for damages.
A buyer may default on their commitment or fail to adhere to a specific time frame relating to the real estate sale. The deposit, in such a situation, is retained by the seller. The buyer is only owed the deposit if they back out for a reason that relates to one of their contingencies, as indicated in the contract.
You do not need a lawyer to renew your mortgage. To renew a mortgage, you simply have to contact your lender, review existing financial documents and your current financial situation, and determine if you are eligible for a renewal. Assuming you are eligible, the work is done between you and your bank, without the involvement of any legal representative. Although you can have a lawyer to ask guidance from if there are any issues, for the most part, one isn’t needed.
Yes, a lawyer can be shared between buyer and seller. There is no rule against that, however, it is not recommended as a conflict of interest may arise. Furthermore, if the lawyer knows something about the seller that would be advantageous to the buyer, they may share it at the disadvantage of the seller, or vice versa. It is much easier to have a lawyer that is not shared.
You may want to consult with a few firms, outlining what you need from them through in-person appointments. When you meet with a lawyer, you can ask questions and develop a relationship, and see how comfortable you feel. You will also want to check online reviews and ask around about a firm’s reputation before deciding to hire a real estate lawyer in Vaughan. This is a very important choice and can have a significant impact over your real estate agreement. Choose a lawyer that’s equipped with the knowledge and trust to work in your interests, and maximize your return.
Yes. When you are about to sign a real estate agreement, consult with a trusted and experienced lawyer beforehand. They may be able to see things that you can’t, to your advantage, and be willing to add terms and conditions in your favor. A lawyer can clarify anything that is unclear to you and point out things that could be an issue, ensuring the purchase and sale is aligned with what you want to walk away from the agreement with.
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Your Real Estate Lawyers - Vaughan Based
Serving the Greater Toronto Area
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