Many potential homeowners already know the importance of hiring a Calgary REALTOR®, but only a few understand why it is best to enlist the services of a Calgary real estate lawyer. One of the most expensive purchases you'll ever make is your home. To ensure that you’re getting the most out of your investment, it pays to have all the help you need. Unlike a realtor, a real estate attorney is trained to navigate the ins and outs of legally binding documents. Calgary real estate lawyers work to protect the rights of buyers and guide them through the legal procedures of real estate transactions, from signing the offer to purchase contract to the closing date.
A Calgary real estate lawyer will review the purchase contract and make sure everything is above board, including outstanding liens or deeds. The lawyer will also demystify documents by translating legal and financial jargon into plain English that clients can understand. If you are selling your property and buying a new one, the real estate lawyer protects the seller’s rights and ensures a smooth transaction—particularly when transferring money from buyer to seller. They will also handle property title, insurance and deed preparation.