PRIVATE HOME PURCHASES & FSBO
Private Home Purchases & FSBO
Purchasing directly from an owner still requires careful documentation and closing coordination. Maki Law assists with the legal steps of a private purchase.
Document the agreed terms
Contact us before signing where possible. Provide the proposed agreement and details of the property, price, deposit, inclusions, and closing date.
Coordinate the professionals
A private transaction may involve different arrangements for negotiations, inspections, and financing. We confirm the scope of our work and explain the legal closing requirements.
A written agreement for a private purchase
Direct negotiation with an owner still needs a clear written agreement. The contract should address the property, price, deposit, completion date, conditions, included items, and any specific promises about condition or use.
Separate advice for the parties
The buyer and seller may have different interests. Discuss representation early, before relying on one professional to advise both sides of a negotiated transaction.
Investigation beyond the seller’s description
A listing or informal discussion does not replace title investigation, a physical inspection, financing confirmation, or review of relevant condominium documents. Identify tenancies, shared access, renovations, and any intended change of use.
Conditions should reflect your concerns
We discuss the legal wording and the decisions required before conditions expire. Appropriate investigations should be arranged with the relevant professionals while time remains.
Deposit, closing, and communication
A private sale needs reliable arrangements for holding the deposit, exchanging documents, receiving lender instructions, and completing the transfer. Written directions help avoid confusion about what happens next.
Getting started
Send the proposed terms, property address, seller’s contact or lawyer details, and your desired closing date. We can discuss agreement preparation or review and the separate work needed to complete the purchase.
Prepare the private-sale file
Clarify who is preparing each document and how notices will be delivered. A private transaction benefits from a written sequence for review, conditions, deposit delivery, and completion. We discuss the legal work and which investigations or commercial decisions remain with you and your other advisors.
Documents to prepare
- Proposed terms or signed agreement
- Seller and seller’s lawyer contact details
- Inspection, financing, and document-review dates
- Property records and any occupancy information
Let’s discuss your next step
Contact Maki Law for practical guidance on your property transaction or construction matter.
416-991-4775 · contact@maki.law
136A Avenue Rd, Toronto, Ontario M5R 2H6
MAKI LAW
Address
136A Avenue Rd
Toronto, Ontario M5R 2H6
Contact
416-991-4775
Fax: 416-981-3420
contact@maki.law
Service Areas
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General information only. Contact our office for advice about your circumstances.