REAL ESTATE MORTGAGES

LEGAL FEES AND DISBURSEMENTS

Most purchases in Alberta are completed with the purchasers receiving funds from a bank or other lender which is secured against the property through the registration of a new mortgage. In addition, many people refinance their existing properties by paying out their existing mortgages and registering a new mortgage on the title. It is your lawyer's responsibility to draft the mortgage documents and to ensure that you understand them and that they are properly registered.