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Meeting Your Lawyer (Buyer)

Meeting your lawyer as a buyer in a real estate deal is a simple process. Once you have an accepted Contract of Purchase and Sale and subjects are removed your realtor will need the name and contact information for your lawyer.  Your realtor’s office will send a copy of the Contract to your lawyer who will open a file, do a search and commence document preparation.

You will normally meet with your lawyer to sign all the necessary paperwork a few days before the completion date.  The lawyer and his staff will have prepared the seller’s documents, a property purchase tax form, a statement of adjustments and all mortgage documents (if any) and will act as a witness to your signing of the documents.

At that meeting the lawyer will review and copy two pieces of your identification to confirm your identity and review the title search and the purchase transaction with you.  This is your opportunity to ask all legal questions you may have.  You can expect that meeting to last from half an hour to an hour.

Information provided by Stuart Wood of Wood and Company.  Stuart can be reached at 250-751-8135 or email him at [email protected]. Get in touch with Jeff King here.

 

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