Shareholders Loan Agreements

Why choose a lawyer?

Notaries are limited in the services they may provide. Only Lawyers can provide you with legal advice on issue that may come up before, during and after the completion of your transaction. Also, there is a misconception that Notaries are cheaper than Lawyers. Lawyers’ conveyancing fees compare favorably with Notaries’ fees.

Basic Services

  • Purchase with or without a Mortgage
  • Sale and discharge of a Mortgage
  • Registration of new Mortgage
  • Construction Mortgage
  • Refinancing (Discharge of existing Mortgage & Registration of new Mortgage)
  • Title Transfer (Including transaction involving an Estate)

Additional Services

  • Independent Legal Advice
  • Drafting and registration of Covenants
  • Drafting of a Contract of Purchase and Sale (where no real estate agents are involved)
  • Review and Legal Advice on Contract of Purchase and Sale
  • Review of Title and Charges on Title
  • Drafting of a Co-ownership Agreement (shared ownership)
  • Drafting of a Nominee Agreement (where legal title does not reflect beneficial ownership)

Frequently Asked Questions on Shareholders Loan Agreements

What is Independent Legal Advice and why is it important?
Independent Legal Advice (“ILA”) refers to legal advice given by a lawyer who is not involved in the transaction with the client. ILA is usually required by lenders and other sophisticated parties who want to ensure that their clients are fully informed of the content and consequences of a transaction. ILA should be obtained by any person who is self represented and who is involved in a transaction where all, or some, of the parties are represented by the same lawyer.

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