At Gauthier Law Office, we deal mainly with residential transactions.

Rose-Lyne is committed to making your real estate transaction a smooth and efficient one. If you simply wish to refinance your home to take advantage of a better interest rate or consolidate debts, Rose-Lyne can carry out all the duties related to refinancing within a few days. Other services offered include: arranging the transfer of your property to your spouse in the event of a breakdown of your relationship and survivorship application.

FEES
Our fees are very competitive and are based on your particular real estate transaction.

Purchasing a home
Fees vary depending on whether you are purchasing an existing home or a new one. Disbursements and services include a title search, registration costs (for one deed and one mortgage), title insurance and courier fees.

Selling a home
Any discharge costs not covered on the payout of your current mortgage are extra.

Refinancing a home
Includes all disbursements and the discharge of up to one mortgage.

SOME DEFINITIONS
Title search
A search of title is the first step in the conveyancing process, where we confirmthat all documents registered on a specific property are correct under the Land Titles Act, the Planning Act and the Surveys Act (which governs access). During this process, we also investigate the quality of the vendor’s title.

Title insurance
Title insurance is an alternative to the lawyer’s opinion that protects you, the owner, in the event of someone else claiming an interest in your property. It also protects you from certain types of fraud, including those that can occur after you purchase your home. The title insurance policy will compensate you for any defects there may be on title in the event of inaccuracies provided by the municipality, or for certain title defects that can occur long after your deed is registered.

Title insurance also eliminates the need for a survey, a certificate of location or RPR (a real property report prepared by surveyors).

The cost of the policy is a one-time premium and the policy protects you for as long as you own the property.

Land transfer tax
The land transfer tax is a special tax that all home buyers must pay to the Government of Ontario when they purchase a home. If you are a first-time home buyer, the government of Ontario provides for a reduction of your land transfer tax, up to a maximum of $4,000.

For information on how to calculate the amount of land transfer tax you must pay or to find out what amount you would need to pay, please contact our office by telephone or email. We will be happy to provide you with this information.

For further information on any of these matters, please contact us directly by telephone or email.

For return clients or those real estate clients wishing to have a Wills and Powers of Attorney, Ms. Gauthier offers a reduction of 25% on fees.