What does a real estate lawyer actually do when I buy a home?
A real estate lawyer protects your legal interests throughout the purchase. Once you have a signed Agreement of Purchase and Sale, your lawyer reviews it, flags any unusual conditions, and ensures important dates are met. They also complete a title search to confirm the seller truly owns the property and that there are no liens, judgments, or encumbrances that would pass to you on closing.
Before closing, your lawyer prepares the mortgage documents (if you are financing), coordinates with the seller's lawyer to exchange funds and keys, and registers the transfer of title in your name on the provincial land registry. They also calculate and collect the land transfer tax and prepare a statement of adjustments showing exactly what you owe on closing day.
After closing, your lawyer sends you a reporting letter with copies of all registered documents and the title insurance policy. The entire process typically takes place over three to six weeks, depending on your closing date.
Key takeaways
- Your lawyer reviews the agreement, searches title, and registers ownership.
- They confirm no debts or liens attach to the property before you take it.
- Mortgage documents are prepared and signed through your lawyer.
- You receive a reporting letter with registered documents after closing.