You need a lawyer to protect your legal interests such as ensuring the
property you are thinking of buying does not have any building or
statutory liens or charges or work or clean-up orders associated with
it. He or she will review all contracts before you sign them,
especially the Offer (or Agreement) to Purchase. Having a lawyer/notary
involved in the process will give you peace of mind and ensure that
things go as smoothly as possible. Law associations can refer
lawyers/notaries who specialize in real estate law.
Lawyer's
fees range widely and depend on the complexity of the transaction. Shop
around for rates and, when choosing your lawyer/notary, use the to guide you.
Remember that a lawyer:
- Should be a licensed full-time lawyer/notary.
- Should be local and understand real estate laws, regulations and restrictions.
- Should have realistic and acceptable fees.
- Can explain things in plain language.