Selling your home in Canada can be exciting. However, you should not forget that the process also involves navigating a maze of legal paperwork and deadlines. That’s where an expert lawyer may come in handy! But what exactly can he do for you in the selling process? This guide aims to answer that. So, stay with us as we discuss what a real estate lawyer can do to streamline your home selling process and become your ultimate selling partner!
#1 Analyze the Property Title
A detailed examination of the property title is critical to making property transactions successful in Canada. Therefore, buyers and sellers are highly recommended to go through the property titles carefully to determine if the property is associated with any restrictive covenants, liens, or easements. You should also not forget that title and mortgage frauds are unfortunately rising these days. Therefore, we recommend hiring a lawyer for selling homes who can examine the property title cautiously and protect you from any potential underlying issues.
#2 Handle the Paperwork
Property transactions in Canada involve a substantial amount of paperwork and documentation. An expert real estate lawyer can handle all the paperwork on the client’s behalf. So, you must hire a real estate lawyer to sell a home to make the property transaction hassle-free.
#3 Examine All Legal Documents, Including the Agreement
Legal agreements and documents associated with property transactions are known for their complexities. Therefore, you need an expert who can carry out comprehensive due diligence on the sales agreement and other legal documents, keeping your best interests in mind.
#4 Negotiations
Legal knowledge is not the only expertise real estate lawyers in Canada possess. They also have excellent negotiation skills and extensive local real estate market knowledge. Combining all these skills allows lawyers to negotiate the best price and most favourable terms and conditions for their clients. Finally, we will conclude that you can maximize the result of your property sale and safeguard your interests by hiring a lawyer to sell your house.
#5 Legal Documents and Key Exchange
The last step of a successful real estate transaction includes exchanging legal documents and keys. Though this process seems a cakewalk, it must be overseen by a lawyer. This is another reason to hire a lawyer for selling a home.
These are the five things that a real estate sales lawyer can do to make your property transaction journey smooth and successful. You can hire an expert from Peter B Mason Professional Corporation Real Estate Lawyers to make your property selling hassle-free. We are Edmonton’s best real estate law firm and the winner of Northern Alberta’s Consumer Choice Award 2022 for Top Real Estate Lawyer. Look no further than us if you are planning to sell your property. Let us advocate for your legal rights and financial well-being throughout the process.