ACB Law · Mississauga, Ontario
From the agreement to closing.
Whether you are buying your first home, selling a commercial property or refinancing, the agreement and the closing documents need to reflect the deal you intend to make. Akash reviews the terms, identifies the issues to resolve before closing and works with the parties involved to complete the transaction.
Request a consultation01 / Services
Get help reviewing the agreement of purchase and sale, checking title, coordinating with your lender and preparing for closing. On a sale, we review existing mortgages and other items that need to be addressed so closing funds can be distributed.
We assist with purchases and sales of commercial property. Depending on the deal, the review may include leases, title matters, financing, due diligence conditions and any documents or undertakings needed at closing.
We review loan terms and security documents, coordinate mortgage registrations or discharges and assist borrowers or lenders with funding. We can also discuss independent legal advice where the transaction calls for it.
We review and negotiate lease provisions such as rent and additional charges, renewal options, assignment rights and personal guarantees. We can also assist with an assignment or consent when a business changes hands.
02 / The process
Identify the property, deadlines, conditions and any terms that need clarification.
Review title and relevant documents, coordinate financing and confirm the funds or payouts required.
Arrange signatures and exchange funds and documents. Where applicable, register the transfer or mortgage and report to you.
03 / Common questions
This page provides general information. For advice about your matter, speak with a lawyer.
If possible, reach out before signing or waiving a condition, especially if the property, financing or terms are unusual. If you have already signed, share the agreement and your deadlines as soon as you can.
Depending on the deal, closing costs can include land transfer tax, registration charges, title insurance, legal fees and adjustments for items such as prepaid property taxes. Ontario offers a land transfer tax refund to eligible first-time homebuyers.
A title search reviews registered records for the property. It can show ownership, mortgages and interests such as easements. The agreement and property may also call for other checks outside the land registry.
04 / Contact
Have your agreement and amendments, the property address, and any condition and closing dates ready. If you are refinancing, have your lender’s instructions or commitment available.
