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Overview

Legal control of the property transaction.

Real estate lawyers manage the legal transfer and financing of property. Their work may include reviewing transaction documents, conducting title and registration work, receiving and disbursing funds and ensuring the legal closing requirements are completed.

Residential and commercial transactions involve different documentation and risk. The lawyer’s role and required review should be confirmed early enough to address issues before completion dates and contractual deadlines.

Frequently asked questions

Real Estate Law,
clearly explained.

When should I contact a real estate lawyer?

Contacting a real estate lawyer early in the transaction allows time to confirm the scope of work, identify required documents and address issues that may affect completion before closing deadlines become urgent.

Does a real estate lawyer review the purchase contract?

Only if retained to do so. In many transactions the contract is signed before conveyancing counsel receives the file, so pre-signing review must be arranged specifically.

What is conveyancing?

Conveyancing is the legal process of transferring property ownership, handling related funds and documents, and completing registrations and financial adjustments.

What information will the lawyer require?

Requirements vary but commonly include the signed contract, identification, lender details, insurance information and instructions concerning ownership and funds.

Does DowntownVancouver.ca handle property transactions?

No. DowntownVancouver.ca provides general service information only. Legal work is performed by the lawyer or firm retained for the transaction.