Real Estate Closings
From the comfort of your home
Hire Us Online
Go to https://closings.lexpand.ca/, select your transaction and enter the details. The system will send you an email with a funds summary. In the email click on “Hire Us Now”.
We will open your file in 24 business hours and send you an upload link for the documents that we need from you.
We will schedule a video conference with you. During the video conference we will review your transaction with you and answer any questions you may have.
You will receive all closing documents from us electronically and will be asked to sign them on your computer or your mobile device.
On a purchase we will provide you with our bank account information and will ask that you direct deposit the funds into our account. On a sale we will wire the funds into your account after closing.
Keys at the Property
On a purchase we will ask the seller’s lawyer to make arrangements to leave the keys in a lockbox at the property. On a sale we ask that you leave the keys in a lockbox at the property.
Real Estate Closings Legal Fees
Real Estate Closings Legal Fees
The legal fees referenced above are for transactions with a transaction price of less than $2,000,000. $100 will be added to the legal fees for every $100,000 by which the transaction price exceeds $2,000,000.
The estimated disbursements listed above are the fees paid for Teranet title searches and the Law Society levies. In addition to the fees listed above you should also expect to pay for land transfer tax, government registration fees, cost of a condominium status certificate, payment for letters from creditors’ lawyers regarding similar name executions, title Insurance premiums and fees paid to government, municipalities or other similar authorities for due diligence investigations, if applicable. The fees above are for standard real estate transactions. Please click on the Description of Services buttons above for a list of the services that are included as part of these fees and the list of the services that will be subject to additional charges
4 easy steps to
4 Easy Steps to Hire Us for Your Residential Real Estate Closing
Check your email and review your transaction’s funds summary.
Click on “Hire Us Now” in the email and submit the form.
Attend an initial video conference meeting to discuss your transaction.
Closing Costs Calculator
Lexpand’s Closing Costs Calculator is a software tool designed to assist you with calculating your closing costs. You enter basic information about your transaction as well as your email address and it sends you a fairly detailed funds summary consisting of the legal fees that you should expect to pay in addition to all other costs involved in the closing process. In a sale transaction, it tells you how much you will be left with after the sale, and in a purchase transaction, it tells you how much you require on closing day. In both cases, it provides you with the details of the calculation.
The Closing Costs Calculator is also the first step that you should take if you wish to hire us for your transaction. In the email that you receive from the calculator, click on Hire Us Now and submit the form.
Please note that our quotations for legal fees are only generated through the Closing Costs Calculator. To ensure you receive the quotations above, please use the Closing Costs Calculator to receive your quotation in an email.
Real Estate Law
Within our real estate department we assist our clients with both residential and commercial transactions. What sets us apart from other firms in real estate transactions is our extensive use of technology. We will provide you with access to our client portal which will allow you to log in, view and download your documents, track the progress made on your file and communicate with us directly from the portal with respect to your transaction. Our software will also keep you apprised of the progress made on your file every step of the way by sending you frequent and fairly detailed standard correspondences as we move along through the closing process together. Our corporate and litigation practices also complement our transaction real estate practice. While we will do all within our power to ensure that your transaction closes, our litigation knowledge places us in a position to promptly notify you of any issues that may increase the chances of future litigation.
Lexpand Real Estate Law
Commercial Real Estate Transactions
Every commercial transaction has its own unique intricacies and there is no one solution that applies to all commercial transacions. In commercial transactions, we provide customized services depending on the nature of the transaction from negotiating and drafting purchase and sale agreements to preparing and reviewing leases and commitment letters. If your commercial transaction also involves the purchase of a business that is being carried on in the commercial property, whether in form of a share purchase or an asset purchase, our corporate team will be able to work along with our real estate department to ensure that your transaction closes smoothly.