Legal Fees and Disbursements
Another one of those tricky closing costs! Buyers and sellers need to have their own lawyers and pay these legal fees and disbursements to close a purchase, sale or mortgage transaction. These fees vary by province and are subject to GST or HST. Make sure you get a quote from your lawyer for these charges before engaging them and do your due diligence so that you understand what other disbursement charges are likely to be incurred.
About The Author
Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
Related Posts
