IMPORTANT COVID-19 UPDATES
Here's how we're making it easier for you during the ongoing COVID-19 pandemic. We'd also like to share some important facts to know about the document signing and closing processes of your home during this time.
CAN I VIDEO CONFERENCE WITH YOU?
Yes, you can in some instances. Currently the Law Society of Alberta is allowing lawyers to verify your identification by video conference. Furthermore, the Alberta Land Titles office is allowing certain documents to be sworn via video conference such as:
Cash purchases (with no mortgage)
Transfers of Land
Affidavits of Value
Please note that the documents that are sworn in via video conference STILL REQUIRE the original "wet ink" document to be provided to the lawyer for submission to the Land Titles Office PRIOR to the closing date. Drop-off at the office must be arranged either in-person or via courier.
CAN I STILL MEET IN-PERSON?
Yes, and we've implemented new protocols to reduce exposure to our customers and the team, including continue to sanitize all meeting rooms after each meeting. You'll need to book an appointment with us in advance.
Typically, we will be in touch with you within a few weeks of your possession to book your signing appointment. Only individuals that are on the required legal documents will be allowed at the appointments.
Boyce Law employees will be wearing masks while meeting with customers. At this time, we will continue to monitor the situation as it unfolds, but will continue to require that masks be worn by clients for the duration of all in person meetings. Disposable masks are available, if you do not have one with you when you arrive.
The meetings are conducted in our dedicated boardroom and we request that you bring your own pens for hygiene reasons and thorough sanitization of the area and chairs will be performed in between clients.
WHAT ABOUT MY MORTGAGE LENDER?
Most, but not all, mortgage lenders are allowing documents to be signed via video conference. Double-check with your Mortgage Lender to be safe. Additionally, many Lenders allow video conference signings but do not permit signings with clients outside of Canada. As this is an ever-evolving situation, please check with us for any updates.
Please note that documents that were sworn in by video conference will still require "wet ink" signatures provided to the lawyer for submission to the Land Titles Office. A drop-off at the office must be arrange either in-person or via courier.
HOW DO I TRANSFER PAYMENTS?
You will still need to bring a bank draft to our office for any funds required to be provided on closing. Please make arrangements with your bank to obtain a draft. The only exception to this is if you are transferring funds from an RBC account. Boyce Law can provided trust account details for a direct deposit.
Unfortunately, we cannot accept credit card payments, personal cheques or certified cheques at this time. We can accept E-transfers for amounts under $3,000.00 in certain situations. We will advise if this is possible for your matter at the time of signing.
HOME LEGAL FAQS
Purchasing your home does not need to be complicated. It’s important to us at Boyce Law that we keep you informed and educated, so you can feel more engaged and confident with the home buying process.
WHY DO I NEED A LEGAL REPRESENTATIVE WHEN PURCHASING A HOME?
Many homebuyers are not aware that they require legal assistance to complete their purchase, sale or refinance their home. In addition to providing the registration and notarization services required for the closing documents, at Boyce Law, we strive to simplify the process for you and ensure open communication to provide you with the best legal closing experience.
WHAT ARE YOUR CLOSING SERVICES OFFERED?
At Boyce Law, our legal closing services cover the following items.
Our trusted Legal Expertise to close your home smoothly and efficiently;
Commitment and Dedication to your home transaction behind the scenes; and
Title Insurance Policies are purchased for both the Homeowner and Lender providing additional peace of mind and closing protection against matters such as identity theft and mortgage fraud.
WHAT EXACTLY ARE "LEGAL FEES" AND HOW MUCH DO THEY TYPICALLY COST?
Legal closing fees are the costs for providing legal expertise, the preparation and processing of the necessary documents for your closing and to provide legal services to handle any issues that may arise during the completion of your closing. For an average real estate purchase in Alberta, the legal fees are typically $1000 – $1200, depending on the complexity of the matter.
WHAT ARE "DISBURSEMENTS" AND WHAT DO THEY INCLUDE?
These are third-party costs that are incurred during the preparation and registration of your real estate conveyancing matter. They include things such as couriers, title searches, tax searches, administrative costs, and registration fees at the land titles office (for example, for your title transfer and mortgage registration). These services often cost between $600 – $700 for the average Alberta home purchase transaction.