BLO REAL ESTATE POLICY
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The basic fee for Real Estate Sale or Purchase is $600 plus G.S.T. and disbursements. This applies only to Single Family Residential Property.

However, Mr. Bukhari provides a discount as follows:

  1. New clients referred by a Real Estate Agent receive a discount of $225 so the starting fee is $375 plus G.S.T. and disbursements.
  2. Charity EAP Clients receive a 30% discount on the regular $600 fee making the starting fee $420 plus G.S.T. and disbursements.
  3. New clients who use the following Real Estate Agents ( Click Here for the List ) receive a preferred starting fee of $325 plus G.S.T. and disbursements plus Free Wills and Power of Attorneys and Free Legal Advice for a year. 
  4. Mr. Bukhari also discounts fees for old clients as per his discretion.

The special Real Estate Agent / EAP client referred fee is only applicable to a purchase and sale where either the first mortgage is arranged or discharged involving the following banks: Bank of Montreal, TD Canada Trust, Bank of Nova Scotia, Royal Bank of Canada, Canadian Imperial Bank of Commerce. Trust Companies and Credit Unions can be extra depending on the work required.

Normal charges apply to additional work such as change of name, death of an owner, liens, or executions, Power of Attorneys, Second mortgages, tenants, removal of registered restrictions, change of closing date, applying for title insurance, Power of Sales, Second Mortgages etc.

Fees for additional work start at $200 per Item and can average upto $500 depending on the amount of extra work required.

Most transactions for new clients that are referred by a Real Estate Agent / EAP can be processed at a discounted rate of $375 plus G.S.T plus Disbursements as most of the situations referred to above rarely occur.

Disbursements are generally expenses such as photocopies, couriers, telephone, faxes, printing, conveyancing, certifying checks, parking, mileage etc. Disbursements can run upto $500 to $600.

The average bill overall is generally around $1,000 to $1,200 with Land Transfer Tax being separate.

Clients who are purchasing a property should be aware that most banks require title insurance unless they can obtain an up to date survey from the vendor with a declaration of possession from previous owners for at least the previous ten years. Title insurance generally costs between $324- $375. Land transfer tax is generally 1 % of the purchase price minus $275. In addition registration of Documents at the court house is approximately $70 per Document and $11 per name for the sheriff.

All services for a Purchase are considered completed once we have provided you with a key and a copy of your documents and in the case of a sale once we have provided you with your net proceeds and your documents. Any questions after that point by a client would be billed to the client at  regular charges as per our Website Home Page. 


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