The closing process includes several steps: your lawyer will review all final documents, confirm the accuracy of financial figures, and ensure that all conditions of the contract are met. They will also facilitate the transfer of title to the buyer and release funds to the seller, completing the transaction smoothly and legally. The process generally takes a few weeks, depending on the complexity of the transaction.

Yes, it is highly recommended to work with a real estate lawyer for both buying and selling property in Alberta. A lawyer will ensure that all legal requirements are met, assist with contract reviews, and manage the transfer of title and funds, providing peace of mind and protecting your investment.

A real estate lawyer assists with every legal aspect of a property transaction, including reviewing purchase agreements, conducting title searches, handling mortgage documentation, and ensuring that funds are transferred securely. Their role is to protect your interests, manage regulatory requirements, and resolve any legal issues that may arise during the buying or selling process.