Your Lawyer’s Role
Your lawyer plays a very important role in your home purchase and will provide many services including:
Making sure the current ownership (Title) is clear and there are no claims registered against the property and if so, ensuring the title will be cleared before you take possession.
Making sure the agreement and all schedules, amendments and waivers are correct and accounted for.
Calculating the closing costs and providing you with a cost summary so you will know how much money you need to close the deal.
Reviewing your financing.
Providing advice about title insurance
Discussing the survey with you, if needed, regarding irregular lots, easements, encroachments or any other issue.
Examining the Status Certificate for condominiums and providing insight regarding how the property is being managed, the financial standing for the condo, etc.
And much more, ask your Lawyer for further details.