A real estate sale lawyer handles the legal side of your Ontario home sale. Khan Law reviews your Agreement of Purchase and Sale from the seller side, coordinates mortgage discharge with your lender, prepares the Statement of Adjustments, clears liens and charges from title, receives the sale funds in trust, and delivers your net proceeds. The fee is 999 flat, quoted in writing before the file opens. Most sales close in 21 to 35 days from signed agreement.
Every task on your file is handled by a named Khan Law lawyer. Nothing is outsourced. The engagement letter lists every deliverable below.
Agreement of Purchase and Sale reviewed from the seller perspective. Conditions tracked. Extensions and amendments documented. Every clause that affects your proceeds flagged in writing.
Title pulled. Every charge on title identified. Payout statements ordered from every lender, secured creditor, and lien holder. No surprises at closing.
Payout statements reviewed for break penalty and administration fees. Discharge registered post closing. Direct funding coordination with the big six banks for same day release.
Property tax, utilities, condo fees, rent rolls, and any prepaid items prorated. Final net proceeds number emailed three to five days before closing so you can plan the transfer.
Thirty minute appointment in person or remote under Ontario Regulation 431 slash 22. Spousal consent executed where the property is a matrimonial home.
Sale funds received in LSO trust. Every charge and commission paid out. Net proceeds wired to your account same day or next business day. Full reporting package within 20 business days.
Sale price minus real estate commission, mortgage payout, legal fees, property tax adjustment, and discharge costs. Real numbers pulled from the same schedule Khan Law applies on your file.
This is an estimate. Your actual net proceeds depend on the exact payout statement from your lender and the final Statement of Adjustments signed by both sides.
Updated April 2026. Includes break penalty estimate where provided.
Line by line estimate for a standard 850000 Oakville sale with one mortgage to discharge. Khan Law sends your personalized version three to five days before closing.
| Line item | Amount | Payable to | Notes |
|---|---|---|---|
| Legal fee | $999 | Khan Law | Fixed flat, sale file. |
| HST on legal fee | $130 | Canada Revenue Agency | 13 percent on the fee. |
| Discharge registration | $100 | Teraview | Per discharge registered. |
| Lender discharge fee | $275 | Your lender | Pass through, varies 200 to 395. |
| Mortgage break penalty | $0 to $12,000+ | Your lender | IRD or three month interest, lender dependent. |
| FINTRAC and courier | $75 | Khan Law | Statutory ID and closing package. |
| Real estate commission | $34,000 | Your brokerage | 4 percent plus HST on an 850000 sale. |
| Property tax adjustment | Credit or debit | Buyer | Depends on closing month. Can favour either side. |
Numbers based on an 850000 Oakville sale with a 425000 mortgage carried by a major bank and a 4 percent listing commission. Your file rates apply at the time the engagement letter is signed.
Do not see your question. Ask a Khan Law lawyer directly, answers within one business day.
Ask a lawyerA Khan Law seller lawyer handles every legal task between your signed listing and your net proceeds arriving in your account. That includes reviewing the signed APS, pulling title and payout statements, coordinating mortgage discharge, preparing the Statement of Adjustments, receiving sale funds in trust, paying out commissions and charges, and delivering your net proceeds with a full closing report. Your listing agent cannot do any of this legally in Ontario.
Same day or next business day after closing, directly wired to your account. Khan Law receives sale funds from the buyer lawyer in the morning, clears commission and mortgage payout, and releases your net proceeds that afternoon or the following business morning. No funds held hostage, no delayed settlement.
This is the most common seller surprise. Break penalties on fixed rate mortgages can be 2000 to 20000 depending on the remaining term and the rate differential. Khan Law orders your payout statement at file open so the number is known five plus days before closing. If the penalty is a shock, there is still time to make informed decisions.
On a typical owner occupied resale home, no HST applies. HST applies on new construction, substantially renovated homes, and homes used primarily for commercial or short term rental income. If you are unsure which category your home is in, ask at the 15 minute call and Khan Law will walk you through it.
Commission is the percentage in your listing agreement plus HST, paid from sale funds at closing. On an 850000 sale at 4 percent total commission, that is 34000 commission plus 4420 HST, totalling 38420 out of sale proceeds. The buyer agent share is paid through the listing brokerage. Khan Law coordinates payment with your brokerage so there is no gap.
Property tax is prorated to the closing date. If you prepaid taxes beyond closing day, the buyer credits you for the excess in the Statement of Adjustments. If you are behind on taxes, the shortfall is deducted from your net proceeds. Khan Law calculates the exact amount and confirms with the city five to ten days before closing.
If the home is a matrimonial home under the Ontario Family Law Act, spousal consent is required on the Transfer even where only one spouse is on title. This applies to every matrimonial home in Ontario regardless of title structure. Khan Law reviews your situation at file open and prepares the consent form. Missing this is a frequent cause of closing day delays.
Depends on whether the APS was firm or still conditional. If conditional and the buyer has not waived, they can walk with their deposit returned. If firm, the buyer is in breach and the deposit is typically forfeit, plus damages may be available. Khan Law has handled dozens of buyer breach scenarios and will walk you through the options the day it happens.
No. Signing happens three to seven days before closing, in person or remote. On closing day itself you do not need to do anything. Khan Law handles the registration, receives funds, pays the charges, and wires your net proceeds.
Residential Tenancies Act applies. If your tenant is under a residential lease, the sale does not automatically terminate the tenancy. The buyer either assumes the tenancy or obtains vacant possession through proper N12 notice served by the buyer with full statutory compensation. Khan Law flags this at file open so the APS reflects reality.
Not typically. The buyer usually obtains their own title insurance policy. You do not need a new survey unless the APS requires one. If title insurance was obtained when you bought the property, it remains your protection against pre ownership claims.
Legal time is included in 999. Not included: discharge fees paid to the lender (pass through), registration fees paid to Teraview, HST on legal, real estate commission paid to your brokerage, mortgage break penalty paid to your lender, FINTRAC and courier disbursements. Every one is itemized before the file opens.
Most sales close in 21 to 35 days from firm agreement. Twelve steps across four phases. Every step is marked with who owns it.
Each of these is avoidable with a lawyer engaged early. All five are screened at file open at Khan Law.
On a 2021 five year fixed rate mortgage at 2 percent, selling in 2026 can mean a break penalty of 15000 to 25000 under the interest rate differential formula. Khan Law orders the payout statement at file open so the number is known five plus days out.
HELOC, second mortgage, and writ of execution are the three most common charges sellers forget are on title. Every one has to be paid and discharged at closing. Khan Law runs the full title search within 48 hours of file open.
Matrimonial home sales require consent from a non title spouse under the Ontario Family Law Act. Missing this on closing day pulls the transfer. Khan Law confirms marital status and consent requirements at the first intake call.
Residential Tenancies Act governs. N12 notices not served properly by the buyer result in the tenant staying. The seller can be liable for damages if vacant possession was promised. Khan Law reviews tenancy clauses at APS review.
Municipal tax arrears beyond the current cycle must be paid out of net proceeds. A forgotten 2023 supplemental can reduce net proceeds by 2000 to 6000. Khan Law confirms tax status with the city before closing.
Every document you need on hand before closing. Seven document types with exact field lists.
Every document you need on hand before closing. Mortgage statements, insurance, tenant files, spousal consent. Seven document types with exact field lists.
Khan Law sends the checklist and nothing else. No newsletter, no sales follow up.
Selling property held in a corporation or family trust changes three things. HST may apply on properties that were substantially renovated, used commercially, or held in inventory. Capital gains treatment differs from personal sales and may not qualify for the principal residence exemption. Corporate structure winding up may be tax triggered by the sale. Khan Law coordinates with your accountant at file open.
Selling a home is rarely only a transaction. It is often tied to a move, a separation, an estate, or a business decision. Khan Law treats every sale file with that context in mind.
You will have a named lawyer returning your calls within one business day. You will see your net proceeds number in writing five plus days before closing. You will not discover a second mortgage or a tax arrears at the signing table.
Three commitments in every Khan Law sale engagement letter. Transparent fee. Accurate net proceeds estimate. On time discharge.
I would like to sincerely thank Faraz Khan for the amazing professional service he provided in both real estate and wills + estates. His attention to detail, dedication, patience and accessibility went above and beyond and he made our experience with both services very easy and completely stress free. I would recommend Faraz and his law firm to anyone. Thank you Faraz for taking such great care of us!
My spouse and I were looking to draft our will on short notice due to travel, and I was really impressed with how professional, knowledgeable and prompt Anam was in preparing the paperwork. She's super friendly, took time to explain and answer our questions, and amend our will to meet our needs. We managed to finalize in approx. 2 weeks. I would highly recommend her to anyone I know looking for great service and quick turnaround. Thank you!
My husband and I moved from a condo to a house in December. I really enjoyed working with Khan Law because I felt like I trusted their team and I didn't have to constantly follow up on anything because they were already following up with me. I was pregnant during our move and not feeling well, the day our condo was supposed to close It had completely slipped my mind. Khan Law took care of everything and let me know once it was done. I will definitely hire Khan Law again in the future because of my experience. The whole team is friendly and prompt at replying as well. Thank you Faraz, Vicky, Hassan!
Mr Khan was very welcoming to my husband and I, very friendly, and dealt with us in a very quick and efficient manner. We would recommend his services to anyone.
Anam and team were consummate professionals throughout the entire experience. We were very happy with the services we received with the closing of our new home. The process was stress-free and allowed us to have peace of mind during a very chaotic time while moving homes. We will certainly be referring our family and friends to Khan Law in the future. Thank you so very much!
Thanks for all the hard work that the team did. I had a tight deadline for a closing, and they worked quite efficiently to make it all happen smoothly. Responsive lawyers, Thanks Anam & Faraz.
I have searched the internet for law firm in Milton ON. After reading the reviews I decided to contact the firm. 2 hours after sending a message I got a call and email from Faraz one of the lawyers . I got excellent information and advice from him , lots of details and explanations on what is best for me and how to make the process smooth and affordable. The consultation was free of charge and Faraz was above and beyond helpful. Can’t recommend Khan Law firm enough. Many thanks
I recently bought a pre-construction home and was referred to Khan Law for my legal assistance. I cannot express how happy I am that I went with this firm. Anam is a breath of fresh air! I had such a lovely experience with her, she took such good care of my closing, she got me additional compensation from the builders because of delays and she got me money back which I wasn’t even expecting. Honestly, this firm worked hard for us and paid very close attention to detail. They were responsive and maintained great communication with me the entire time. I definitely will be using Anam again in the future!! Thank you for making this experience for us a great one!!
Staff, specifically Faraz, was responsive and knowledgeable. Made the real estate transaction painless. Would recommend the service to others.
Final accounting of prepaid costs prorated to closing day.
Registered release of a mortgage charge after payout.
Written consent under the Family Law Act on a matrimonial home.
Lender fee for paying off a fixed rate mortgage before term end.
APS review, title searches, Land Transfer Tax, mortgage instructions, registration.
New mortgage or transfer. Direct funding bridges with the big six Canadian banks.
Pay out the old mortgage, register the new one, run the break even math before you sign.
Spousal, family, or estate transfers. Exemption analysis before the file opens.
Whether your closing is tomorrow or ninety days away, the conversation starts with a call.
