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| Financial Issues This forum is for discussing any of the financial issues involved in your divorce. |
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02-14-2006, 03:51 PM
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Legal fees when selling house?
Approximately how much can one expect to pay in legal fees when they sell a house? How about when they purchase a house? (I think I paid around $800 legal fees when I purchased, but that was years ago.) But just hoping to get a rough idea of current fees for selling and for buying...
Thanks. 
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02-14-2006, 04:00 PM
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Legal fees are approx $1500.00 to 2500.00 depends on the lawyer. When purchasing a home you must also pay land transfer tax which is approx 1.5%. The sell of a house is less work for the lawyer so it shouldn't cost has much.
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02-14-2006, 05:15 PM
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laywer fees
Legal fees for selling are typically same as buying except for the land transfer tax which doesn't apply. This is for Ontario. I believe Quebec has a completely different system. The one thing to be carefull of is the dispersments that the lawyer may charge. There is generally a fee for every check he has to write. You would be best to talk to a real Estate Lawyer on this. I know a few if you need on ein the Ottawa area who are quite reasonable.
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02-14-2006, 09:47 PM
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It can very a lot, depending on where you live. I don't do real estate law, but in one recent matrimonial case the real estate lawyer charged $1,500 and that seems to be about typical. This was legal fees + disbursements + GST.
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