We are able to assist our clients in all areas of Real Estate Law:
- Home/Condo Purchase and Sale
- Recreational/ Cottage Properties
- Commercial & Industrial
Our goal is to make a real estate transaction as simple and easy as possible for our clients. As a house purchase is likely to be the largest financial transaction that most people will undertake it is important to be properly represented and my experienced staff will help guide you through all aspects of your real estate transaction from the offer stage to the final closing. We also encourage and are pleased to review an Agreement of Purchase and Sale before it is presented as once the Agreement is accepted the rights to make changes to the Agreement are generally limited.
Our fees are competitive but as this is a service industry cost should not be the only factor to consider when choosing a Lawyer to represent you; experience and level of service should also be an important part of your decision.
For a quote on our services please send an email to quote@hodgsonlaw.com
Please include the following:
- Name
- Type of property (house/co-op/multi-unit)
- Location
- Closing date
- Sale or purchase price
- Whether or not you are a first time home buyer
Land Transfer and Tax Rebates
Land Transfer Tax
All purchases in Ontario are subject to a Provincial Land Transfer Tax which is taxed on a graduated rate based on the purchase price of the Property. The Tax is paid only by the Purchaser and must be paid in full on closing. If the Property is in Toronto there is an additional Municipal Land Transfer Tax payable. Currently first-time home buyers are exempt for up to $4,000.00 of the Provincial Land Transfer Tax and $4,475.00 of the Toronto Land Transfer Tax. As part of our standard retainer we will prepare all the required documentation in order to obtain any applicable rebate for our clients.