Purchasing real estate is often one of the most important financial decisions that many people make in their lives. With such high stakes, its important for those who are buying a property to have a real estate lawyer they can trust to help them navigate the often-muddy waters of real estate transactions.
At Saanichton Law Group we are able to help you and your family make the right decisions when it comes to purchasing and selling real estate. Our experienced legal team can provide you the security and peace of mind essential for smooth and mutually beneficial real estate transactions.
We’ve created the following list to help make sure you choose the right law firm to oversee your next real estate transaction.
1. The importance of choosing the right law firm to assist you in your next real estate transaction cannot be overstated. When searching for the right lawyer, don’t hesitate to ask if they have experience in real estate law. It’s also a good idea to ask how long they have practiced in your province. It’s essential to use the services of a lawyer with up-to-date knowledge about buying real estate in the area where you are purchasing.
2. The ideal lawyer will be able to help you review all important purchasing legal documents, including the Agreement of Sale or Purchase Agreement. The right lawyer will be able to make sure that no important details are missed, so be sure to ask your lawyer if they’re familiar with these papers as well as the filing of building permits.
3. Take the time to ask how many years of experience the lawyer in question has with real estate transactions. Also be sure to confirm if the lawyer you’re considering using is experienced with real estate taxes as well. They must also be able to help you understand any tax consequences that may arise from a real estate purchase.
4. Ask your potential lawyer they’re able to assess the legal implications involved with designating changes to a property.
5. It’s important to budget both your time and money when it comes to hiring a real estate lawyer. Nobody wants to be surprised by hidden fees down the line, so its a good idea to ask how the law firm bills for legal services and what the timeline will approximately be in your case. The right real estate lawyer can save you a great deal of time and stress by presenting lengthy, complicated legal papers required for the sale and purchase of a property to you in simple language. Be sure to ask the lawyer in question if they have time to take this on as real estate purchases are almost always accompanied by strict deadlines.
6. It’s good practice to also inquire if your lawyer has a team of legal administrators to help ensure that real estate transactions can flow efficiently and smoothly. We also recommending confirming when and if your potential lawyer will be readily accessible when questions or concerns arise.
7. Lastly, we also recommend searching online to see what other people are saying about the law firm you’re considering. Checking Google Reviews can be a quick way to do this – generally speaking, the higher the review ratings and counts the better.
The lawyers and legal professionals at Saanichton Law Group are able to assist you and your family in your next real estate transaction. Brad Bianchin, lawyer at Saanichton Law Group, is a Qualified Arbitrator (Q. Arb) with certification from the Alternative Dispute Resolution Institute of Canada (ADRIC). As a Qualified Arbitrator, Brad is able to assist clients in resolving legal disputes without incurring the costs, time and complexities associated with civil litigation.
Using the services of our legal team when conducting real estate transactions is especially important if buying out of province. For example, if you’re purchasing real estate in British Columbia but you reside in another province, the real estate laws that apply to you may vary significantly. Understanding the complexities of these laws is what our legal team is for, and we are able to explain to you the best course of action to take when you make your real estate transaction.
The lawyers at Saanichton Law Group are here to help you with your legal needs in Real Estate, as well as Wills & Estates, Representation Agreements, Arbitration, Power of Attorney, Mortgages and Corporate Law. Call us at (250) 544-0727 or email us at info@saanichtonlaw.com for more details on how we can assist you.
