Residential Real Estate Fees
Residential Purchase. . . . . . . $ 1,375*
New or Resale Residential Purchase & Mortgage includes:
Residential Sale. . . . . . . $ 949* Residential Sale & Mortgage Discharge includes:
Residential Mortgage Refinancing. . $ 899* Standard Residential Mortgage Refinancing includes:
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*The Fine Print
All fees are subject to increase if priority service is requested as per agreement between client and solicitor. The Residential Purchase Quotation assumes (a) a standard title-insured transaction with two buyers/two sellers acting personally and no complications – any additional services required to complete the closing to be discussed first, then extra fee added as agreed with client, (b) registration of one mortgage with one of 5 major banks, (c) transaction does not involve Power of Sale, otherwise an additional $150 fee may apply (d) the purchase price is under $500,000, otherwise an additional $75 fee for each $100,000 increment above $500,000 may apply, and e) subject property is located in Peel Region or GTA, otherwise an additional $50 may apply. The Residential Sale Quotation assumes (a) a standard transaction with two buyers/two sellers acting personally, and no complications – any extra registrations or services required to complete the closing to be discussed first, then added as agreed with client, (b) one mortgage discharge with a major bank & mortgage discharge statement includes registration of discharge, and (c) the sale price is under $500,000, otherwise, an additional $50 fee per $100,000 increment above $500,000 may apply. The Residential Mortgage Refinancing Quotation assumes (a) a standard mortgage refinancing from one of 5 major banks with two mortgagors acting personally & no complications – any extra registrations or services required to complete the refinancing to be discussed first, then added as agreed with client, (b) discharge of one mortgage or secured line of credit with a major bank & mortgage discharge statement includes registration of discharge, (c) no additional payouts of secondary financing, credit cards or unsecured lines of credit, otherwise an additional fee of $50 per payout would apply, (d) the mortgage amount is under $500,000, otherwise an additional $25 fee per $100,000 increment above $500,000 may apply, (e) mortgagors can supply reasonable evidence that property taxes (& any utilities that might form a lien) have been paid up to date, otherwise applicable municipal charge for a tax certificate would apply, and (f) subject property is located in Peel Region or GTA, otherwise an additional $50 may apply. |