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Real Estate Lawyer, Mississauga

Mississauga Lawyer, Yasanthi Fernando - YFLaw Professional Corporation, Mississauga

Client-focused & Affordable Legal Representation

Real Estate Law

Real Estate is often the most important investment decision you make for yourself or your business. The Real Estate landscape is rapidly evolving, and it is important that your Real Estate lawyer is up to date with all the information and knowledge about the relevant regulations and laws.

It is also essential that your Real Estate lawyer communicates with you throughout the course of the entire transaction as it progresses to help you make informed and accurate decisions. Small mistakes made would have large, costly impacts and consequences in the long run.

We at YFLaw Professional Corporation have the knowledge, experience, and the skills to help you throughout your real estate transactions and we will communicate and keep you up to date of all the developments that arise during the transactions to help you make sound real estate decisions and investments. Our goal is to guide you through to achieve a safe and secure outcome, leaving you stress free and with peace of mind.

Our Residential Real Estate services:

Residential Purchases
Residential Sales
Residential Refinancing
Residential Lease Agreements

Our Commercial Real Estate services:

Commercial Purchases
Commercial Sales
Commercial Refinancing
Commercial Lease Agreements

Purchase of newly built homes

Buying a newly built home is different from buying a resale home. A resale home can be inspected before closing as it is a finished product, but a new home is purchased before its completion and before its construction is commenced. Thus, it is extremely important to have the Agreement of Purchase and Sale reviewed by a Real Estate lawyer. Only a Real Estate lawyer can advise you with the risks and issues concerning the construction of a new home.

Two new legislations, the New Home Construction Licensing Act, 2017 and the Protection for Owners and Purchasers of New Homes Act, 2017, brought many protective measures to the governing law of newly built homes in Ontario. The Tarion Warranty Corporation administers and enforces the Ontario New Home Warranties Plan Act and Regulations. YFLaw Professional Corporation will help you address all these risks and issues with your purchase of a newly built home.

Purchase of new & resale condominium units

Condominiums are the ownership acquired by a purchaser of a unit in a row of townhouses, or an apartment in a multi-storey building, shared with owners of a project as tenants in common of all the common elements of the project. The purchaser will also become a member of the condominium corporation that administers the condominium property. While the steps and procedures for the transaction of a purchase of a condominium resale unit are similar to a residential purchase of property owned in fee simple, there are a few differences.

The Title Search, Execution Search, obtaining a Status Certificate, etc. differ in some respects from the usual residential purchase of property in fee simple. The Purchase of new condominium units is governed by new legislation as described before. Here again it is very important that the Agreement of Purchase and Sale, Occupancy Agreement, Disclosure Statement, by-laws, rules, the budget, etc. be carefully reviewed by a Real Estate lawyer.

YFLaw Professional Corporation will help you navigate through all the steps successfully, thereby avoiding any additional unexpected costs and delays to the closing dates in your purchase of a newly built condominium unit.

Purchase of Rural Properties

The steps and procedures in purchasing cottages or farm property is substantially the same as urban residential property except for the supply of water, septic systems, access, waterfront properties, shoreline ownership, zoning and whether the property is governed by the Conservation Authorities Act. YFLaw Professional Corporation will address these concerns and help you realize your expected goals in your purchases of rural properties.