When you go to sell your house, why do you need legal assistance to complete the transaction?
The sale of your house or other property enters the legal field for several reasons:
- The sale documents must be witnessed by a lawyer or notary
- The financial adjustments including taxes, and water and sewer must be reviewed and explained to the seller
- The receipt of monies is done on professional undertakings that allow for registration and release of funds to occur on the same day
- Mortgages usually need to be discharged to provide clear title to the purchaser and this can only be done through the same undertaking procedure
- The lawyer must pay the appropriate money to the bank and follow up with documents to have the seller’s obligations are cleared
There are certain procedures that can only be done by a lawyer or notary when it comes to real estate law in Langley. If you’re looking for a local, friendly lawyer to complete these tasks with you, we have experience in completing the conveyancing process with real estate agents.
Author
J. Bryce Jeffery