Fee Schedule
Costs on all transactions include title searches, searches of registrations on title (caveats, restrictive covenants etc.), property tax searches, courier, and photocopying, and accordingly can vary depending on the number of titles and registrations and location of the lenders and the other lawyer.
SALE
Sale Price <$300,000
$795 + costs = ~ $895
approx. $950 incl. GST*
Sale Price of or >$300,000
$895 + costs = ~ $995
approx. $1,050 incl. GST*
* (+cost of Estoppel Certificate- condo; Real Property Report – house)
PURCHASE WITH MORTGAGE
Purchase Price <$300,000
$995 + costs + LTO + GST
approx. $1,200 incl. GST (+LTO)
Purchase Price of or >$300,000
$1,095 + costs + LTO + GST
approx. $1,300 incl. GST (+LTO)
Some lenders on purchases or refinances require title insurance at your cost – add $100 – $200.
PURCHASE CASH
Purchase Price <$300,000
$795 + costs + LTO + GST
approx. $970 incl. GST (+LTO)
Purchase Price of or >$300,000
$895 + costs + LTO + GST
approx. $1,070 incl. GST (+LTO)
PURCHASE WITH ASSUMPTION
Purchase Price <$300,000
$850 + costs + LTO + GST
approx. $1,025 incl. GST (+LTO)
Purchase Price of or >$300,000
$950 + costs + LTO + GST
approx. $1,125 incl. GST (+LTO)
REFINANCE
$795 + costs + LTO + GST
approx. $965 incl. GST (+LTO)
Land Titles Office Registration Fees (LTO):
Transfer and Mortgage: $100 + $2/$5,000 on price and $1.50/$5,000 on mortgage
Mortgage only: $50 +$1.50/$5,000 on mortgage
Transfer only: $50 + $2/$5,000 on transfer price
Fees subject to Additional Services Schedule – Revised – Jan. 2021
ADDITIONAL SERVICES SCHEDULE*
Sales
Obtain new or updated real property report no fee — at cost
Application to City for Encroachment Agreement– $350.00
Application to City for Development Permit/Relaxation– $350.00
Payout of more than 2 mortgages or registrations (each additional –) $75.00
Interim Financing on purchase by assignment of sale proceeds– $250.00
Preparation/Registration of Power of Attorney– $200.00
Sending documents outside office for client signing/notarizing – and review on return — $200.00
Rush Closing (Including receipt of realtor’s conveyance instructions
with conditions waiver less than 10 clear business days from completion date) — $250.00
Non-Resident seller tax holdback issues — Time Basis
Non-routine Closing or Post-Closing disputes/issues Time Basis
Purchases
Re-preparation of documents due to amended mortgage instructions — $250.00
Interim Financing by assignment of sale proceeds (invoiced to sale file) — $250.00
Preparation/Registration of Power of Attorney — $250.00
Construction draw mortgages (each additional draw) — $150.00
Sending documents outside office for client signing/notarizing – and review on return — $250.00
Rush Closing ( including receipt of realtor’s conveyance instructions with conditions waiver less than 10 clear business days
from completion date; OR receipt of mortgage instructions less than 4 clear business days from completion date) –$250.00
Non-routine Closing or Post-Closing disputes/issues — Time Basis
*Disbursements (our costs) and GST are in addition to indicated fees
We believe our Basic Fees are reasonable and provide fair value for the services provided. Rather than charge a higher basic “all inclusive” fee to all clients, we charge additional fees for extra services only on those transactions as required. These extra services take more of our time and expertise, and are invoiced accordingly.
— updated Jan. 2021