Residential Real Estate Flat Rate Legal Fees: Calgary LawyersJeff Kahane2020-05-14T15:20:24+00:00
Real Estate Legal Fees: Flat Rates
Flat rate legal fees at Kahane Law Office. We believe that our clients should know how much they will pay in real estate lawyer legal fees before the chose us to act. Transparency, honestly and integrity should be key to any relationship anyone has with a lawyer. This is why we post our fees. We are professionals who know our business. We know what a real estate transaction will cost. If we forget to witness something and need to send an extra courier, we are accountable to you for that.
Not In Calgary Or Edmonton? Want Flat Rate Residential Legal Fees?
We service the entire province of Alberta. Recently we have been contacted by clients as far north as Fort McMurray and Cold Lake and as far south as Lethbridge. Our reasonable flat rates keep them happy.
Our Flat Rate Legal Fees for Residential Real Estate
Home Value (purchase, sale, transfer or New Mortgage Amount for Refinance)
$200,000 – $299,999
$300,000 – $399,999
$400,000 – $499,999
$500,000 – $599,999
$600,000 – $699,999
$700,000 – $799,999
$800,000 – $899,999
$900,000 – $999,999
$1,000,000 – $1,099,999
Please call for a quote on homes with a value over $1,000,000. Prices subject to change without notice.
PLEASE NOTE: These prices reflect and include all the increase land titles fees.
What Flat Rate Real Estate Legal Fees Include
Flat rate legal fee packages mean that we include all regular disbursements, when signed in a single appointment in our Calgary or Edmonton offices. This means there is no additional charge for file administration fees, document fees, courier charges within Calgary or Edmonton, photocopy charges, fax charges, land title fees to register one title and one mortgage, two hours of purchase/sale related issue resolution and two separate payouts, if required, in residential real estate files. Out of town signings may be subject to an additional fee for a signing agent in the area that they are signing and delivery charges to return the documents to our office. Learn more about legal fees with our video.
Please note that second mortgages, when buying a home, require additional registration costs and legal fees. These are also completed on a flat rate basis. For example, the new Federal New Home Loan program requires the registration of a second mortgage as well as additional documentation. Call for details.
Please note that additional charges may apply for corporate purchases/sales, assignment of rents for rental property, or for rush transactions. Please call for details.
The following are examples of items not included in real estate legal fees: title insurance, additional mortgages, estoppel certificates, encroachments agreements, relaxation permits, encumbrance downloading & reviews, additional titles (parking / storage legal units) for condos, insurance certificates and Real Property Reports.
Please note: when signing real estate documents, you must bring the following:
two pieces of ID – one must be photo ID, and the other must contain your signature;
a certified cheque / bank draft (when purchasing);
a void cheque (when purchasing or refinancing); and
a Real Property Report with compliance (when selling or refinancing)
GST is not included in the above legal fees. (the federal government is funny that way.)
Mobile Home Flat Rate Fees for Purchases and Sales
We offer the following flat rates for mobile homes. Legal fees for the sale of a mobile home are $699 if there is a payout of a debt associated with the mobile home or $599 if there is not. Legal fees for a purchase of a mobile home with a chattel mortgage is $749 and $649 if the purchaser is not getting financing. These fees are valid for mobile homes without titled land included.
Understanding What You Pay
We try to be very clear about what our fees include. If you ever have any questions about the items included in your fees, do not hesitate to ask.
How Real Estate Legal Fees Are Paid
You pay real estate legal fees differently depending on the type of transaction. These include:
Real Estate Purchase Legal Fees
For real estate purchases, the amount that you bring in to your signing appointment include the legal fees. The certified cheque includes the rest of your down payment, adjustments for things like condo fees, property taxes and homeowner association fees and our legal fees.
Real Estate Sale Legal Fees
When you sell your home, you will not need to bring in money in advance (unless there is not enough equity in the property). When we receive the sale funds from the buyers’ lawyer, we will pay out any mortgage or line of credit, any outstanding real estate commissions and our legal fees.
Refinance (Re-Mortgage) Legal Fees
For a mortgage refinance, we draw down the new mortgage funds from the lender. We then pay out any existing mortgage and debts that the lender requires for payment and our legal fees. Unless there is not enough new equity, you will not need to bring in separate payment.
Transfer of Land Legal Fees
If you are just transferring title to your property, we will require our fees prior to the transfer. You may pay when you come in to sign the transfer documents. If the transfer is a part of a refinance, then the fees, equity permitting, may come from the new mortgage proceeds. Find our fees for transfers here.
Call Now to Secure Your Flat Rate Real Estate Legal Fees
Call today so that we can help you with your real estate needs. It is OK if we do not hear from you first. You can let your real estate agent and/or mortgage specialist know we are acting for you. They will send us what we need. Please also ask them to provide your contact information. Ask us how you can save on wills & estates legal fees when you use Kahane Law Office for real estate service. You can reach us toll-free at 1-877-225-8817, or 403-225-8810 locally or email us directly here.