Fee Schedule

 

view as pdf

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 <$500,000
$795 + costs = ~ $895
approx.  $950 incl. GST*

Sale Price of or >$500,000
$895 + costs = ~ $995
approx.  $1,050 incl. GST*

* (+cost of Estoppel Certificate- condo;   Real Property Report – house)

 

PURCHASE WITH MORTGAGE

Purchase Price <$500,000
$995 + costs + LTO + GST
approx.   $1,200 incl. GST (+LTO)

Purchase Price of or >$500,000
$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 <$500,000
$795 + costs + LTO + GST
approx.  $970 incl. GST (+LTO)

Purchase Price of or >$500,000
$895 + costs + LTO + GST
approx.  $1,070 incl. GST (+LTO)

 

PURCHASE WITH ASSUMPTION

Purchase Price <$500,000
$850 + costs + LTO + GST
approx.  $1,025 incl. GST (+LTO)

Purchase Price of or >$500,000
$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 + $1/$5,000 on price & mortgage

Mortgage only: $50 +$1/$5,000 on mortgage

Transfer only: $50 + $1/$5,000 on transfer price

Fees subject to Additional Services Schedule –  Revised – July  2014

 

 

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

FNF instructed mortgage (Street Capital, Equitable Trust, Computershare,
and others) – these involve significantly more documentation — $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 July 2014