Disbursements are third-party costs your lawyer covers on your behalf during your real estate transaction, then passes on to you.
Fees for verifying the property's legal ownership history and any existing liens or encumbrances on title.
Government fees for officially recording your property ownership or mortgage with the provincial land registry.
Government charges for checking whether there are any outstanding legal claims or judgments against the parties in the transaction.
A fee imposed by regulatory bodies such as the Law Society of Ontario on certain real estate transactions.
Protection against potential issues with your property's title, ensuring you own it free and clear of undisclosed claims or defects.
Fees for the specialized legal software used to prepare, manage, and digitally sign the documents required for your transaction.
May include banking and wire transfer charges, identity verification fees, and file storage costs.
Your itemized quote includes an estimate of disbursements specific to your transaction — no surprises at closing.
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