Our Real Estate Law Services
At our law office, we provide advice and support for all your legal needs related to residential real estate law. We can help protect your assets and save you money by providing you legal advice
Real Estate Transactions
Whether you are buying a new home, selling your home, or buying recreational real estate, Navigator Law can guide you through the legal process.
Real estate transactions are typically made via a real estate purchase contract. Industry-Wide, Realtors in Alberta utilize a standardized contract. If your transaction does not involve a realtor, a lawyer can review the contract that is offered by the
purchaser.
Selling your Home
Many real estate sales contracts are conditional on a lawyer review before being finalized. It is a good idea to get a real estate lawyer to review the sales contract, as it is a legally binding contract and lawyers can help detect any issues and ensure
you fully understand what the contract terms mean for you.
When assisting sellers of real estate, our process is as follows
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1. Opening the real estate file, including tax and title search and a request for a payout of any debt and mortgage associated with the title.
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2. Drafting the seller’s transfer of land and other relevant documents.
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3. Bridge financing if there is a lag time between the sale of an existing home and the purchase of a new home.
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4. Coordinating with the buyer’s lawyer to transfer land for registration.
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5. Coordinating the payment of funds to complete the transaction.
Frequently Asked Questions
Do I need legal advice before signing a purchase contract?
Since a real estate purchase contract is a legally binding contract, it is a good idea to get a real estate lawyer to review the contract before signing. The lawyer will make sure you fully understand the terms of the
contract.
How can spouses register ownership of a home?
Most couples choose to register their title as joint tenants, which means if one spouse dies the other automatically inherits the property.
It is also possible to register the title as tenants in common, which is useful when more than two people own a property. Tenants in common means that each owner separately owns part of the home that can be sold or
left to someone else in a will without the consent of the other owner(s).
What are Dower Rights?
Dower rights are defined by an Alberta statute called the Dower Act. It prevents the selling or mortgaging of a matrimonial home without the consent of a spouse. In order for a spouse to consent to the sale of a home,
he or she must sign a document with consent before a Notary Public or Commissioner of Oaths.
Contact Us
We solve issues for you! If any legal issues arise, it’s good to know you have someone on your side who is professional, calm, and patient when the heat is on.
Call us today or visit our office in NW Calgary, AB to discuss your residential real estate needs.
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