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Faqs

Frequently asked questions

What is SmartClose?

SmartClose is a specialized real estate law firm dedicated to providing seamless, transparent, and efficient residential real estate closings. Our innovative, client-focused approach simplifies the closing process, saving you time and offering peace of mind.

Choosing SmartClose means choosing flexibility, reliability, and transparency. We streamline your real estate transactions with remote closings, fixed fees, and clear communication every step of the way.

Absolutely! SmartClose specializes in virtual real estate closings. You can conveniently complete your property transactions securely through video conferencing and electronic signatures.

At SmartClose, you have access to a lawyer or a member from its legal team through calls, emails, or video call. All transactions are handled by lawyers, and correspondence comes directly from members of our legal team.

Our flat fee covers all standard legal services related to your real estate transaction. Unlike other firms, we include administrative costs such as courier fees, file administration, and all communication within this fixed fee.

Disbursements are upfront expenses paid by SmartClose, which you reimburse at the transaction’s close. These typically fall into two categories: Administration Fees and Third-Party Fees. Administration Fees cover overhead costs, like paper, printing, and postage. Third Party Fees are charges from external service providers related to the closing, such as title search fees and land transfer registration fees. At SmartClose, we don’t charge Administration Fees—only Third Party Fees, as we believe administrative costs should be absorbed by the business, not our client.

No. At SmartClose, we do not require upfront payments. Our fees and disbursements are typically paid at the conclusion of your transaction.
The closing process duration can vary, but at SmartClose, we prioritize efficiency and ensure transactions are completed as quickly and smoothly as possible, typically within a few days of all documentation being finalized. We generally advise engaging us for your property closing at least 30 days in advance of the expected close date to avoid putting your transactions at risk of delay.
We handle a wide variety of transactions, including buying and selling residential properties, mortgage refinancing, title transfers, survivorship applications, pre-construction occupancy closings, independent legal advice, and more.
Essential documents typically include an Agreement of Purchase and Sale, identification documents, mortgage information, and any additional documents required by lenders or regulatory bodies. We’ll guide you through every required document clearly.
A Status Certificate review is essential for condo buyers. It provides critical information about the financial health of the condominium corporation and rules you must adhere to. Our team carefully reviews this document, ensuring you make an informed decision.
Refinancing may be beneficial if you’re seeking lower interest rates, adjusting mortgage terms, accessing home equity, or consolidating debt. SmartClose can help evaluate your options clearly and quickly.
Title transfer involves legally changing the ownership status of your property, which could include adding or removing an individual’s name. SmartClose handles all aspects, from drafting the required documents to registering changes with Ontario’s land registry office.
Land Transfer Tax is payable upon purchasing property in Ontario, based on the purchase price. Rates are progressive, with an additional tax applicable for properties in Toronto. You can conveniently calculate your specific tax using our online calculator.
Yes, Ontario provides a rebate of up to $4,000 for eligible first-time homebuyers. Our firm can assist you in determining eligibility and claiming your rebate.
Simply book an appointment through our convenient online scheduling tool or contact us directly via phone or email. Our team is eager to assist you promptly.
No. At SmartClose, we do not require upfront payments. Our fees and disbursements are typically paid at the conclusion of your transaction.
No. At SmartClose, we do not require upfront payments. Our fees and disbursements are typically paid at the conclusion of your transaction.
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