Author: every_dnlawfi

Land transfer tax is payable on the transfer of any real estate and its payment is part of every real estate transaction. The land transfer tax is payable by the buyer at the time that the deed is transferred to the buyer’s name. You lawyer will arrange for the payment of the land transfer tax.

The role of the lawyer is central to all real estate purchases. At Deol & Nagpal Law Firm LLP we have the knowledge and experience to assist you with all aspects of your real estate transaction. We provide quality service that places you at the center – our goal is to provide you with the knowledge and understanding that you need to make the transaction as smooth as possible.

“Title” is the bundle of rights that attach to a specific piece of property. When you buy a home or a condo, you take title to the property. You can only purchase the title that the buyer had available to sell. The title can give rise to many issues – for example, you may think your property is larger than it actually is because part of your fence is on your neighbor’s property. Or, someone else may have purchased a right to use part of the property, for example as a roadway or driveway. In some cases, there may be issues of fraud and title may have been improperly sold. It is important to have a lawyer conduct a proper title search to make sure that you are receiving a good title, and that you are in fact receiving exactly what you thought you were purchasing. Deol & Nagpal Law Firm LLP can assist with this. Our lawyers are tasked with the role of ensuring the legitimacy of the purchased or sold property by ensuring the good title.

While a title search helps to ensure that the purchaser is receiving a good title, there is always the potential for issues to arise that could not be detected. This is where title insurance comes in. We can arrange title insurance to protect your purchase and to assist you in the event that an issue with the title is discovered somewhere down the road.