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Buyer Checklist Seminar: Understanding the Legal Process for a Buyer So That a Realtor Can Assist and Add Value
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Jonathan A. Hacohen
May 26, 2022
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Are you a realtor working with a buyer client? Or are you the buyer looking to complete your home purchase? Did you ever wonder what an Ontario real estate lawyer does to close a real estate transaction?
Join David Korman, Managing Partner at Kormans LLP as he explains in detail the role of a real estate lawyer in a closing!
As a realtor—understand the legal process for a buyer so that you can assist and add value to your client! If you are a buyer—learn why you need a real estate lawyer to close and how the legal closing process works.
This seminar was presented to the realtors at Century 21 Leading Edge Brokerage
Jonathan (aka “The Chosen Lawyer”) was called to the Ontario Bar in 2002, graduated from Osgoode Hall Law School in 2001 and completed his Bachelor of Business Administration at The Schulich School of Business (York University) in 1998. In addition to being a Partner at Kormans LLP, Jonathan’s journey in law started as an Associate with a large Bay Street law firm, as well as enjoying a secondment working in-house at Tim Hortons (TDL Group) for almost a year!
Jonathan was an Instructor with OREA, teaching the Real Property Law course to future realtors in Ontario. The Chosen Lawyer is a sought-after lecturer at seminars, team meetings and conferences—often speaking to groups including realtors and mortgage brokers on a variety of legal topics including real estate, corporate/commercial and wills/estates law. He also speaks on non-legal topics including Organization, Productivity, Motivation, Work/Life Balance and Mindfulness. Jonathan adopts a zen-like approach to the practice of law and shares his real-life experience with others in order to help them achieve success and happiness! In order to book The Chosen Lawyer for your next session, please email Jonathan at info@kormans.ca
Before entering the legal field, Jonathan chose to study business as he envisioned having a background in all aspects of business (including accounting, economics, finance, marketing and HR) would prove to be very useful as a lawyer—in understanding and communicating with business clients on their respective businesses and industries. Jonathan has a diverse client base, including many first-time home purchasers, residential clients (purchases, sales, refinances, assignment transactions), corporate/commercial clients (real estate transactions, leases, incorporations, shareholder agreements), as well as assisting clients with preparing wills and powers of attorney.
When he is not in the office or in front of a computer, Jonathan can either be found in the gym, boxing ring, learning a new recipe in the kitchen or on a yoga mat. Jonathan has competed with UFE (Ultimate Fitness Events) and is a double medal winner in the physique category! Jonathan is also an avid animal lover and can usually be found with his trusted pal Ollie (Shih-tzu dog) by his side.
Don’t forget to watch episodes of Podcasts/Docuseries hosted by Jonathan “The Chosen Lawyer”TM on the Kormans LLP YouTube channel or listen to it across all podcast players, including Apple Podcasts and Spotify!
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Discover how Limited Liability Partnerships (LLPs) in Ontario protect professionals like lawyers, accountants, and architects while allowing collaboration, resource-sharing, and individual liability protection.
In this blog post, we will cover in further detail some of the other key items that are important to consider when accepting HST indemnity from the Buyer for the HST self-remittance.
There is an all-too-common misconception by some Buyers and even by some Buyers’ professional, licenced realtors that the time period for the delivery of a Deposit pursuant to a resale Agreement of Purchase and Sale (APS) effectively provides the Buyer with a cooling-off period. The mistaken belief is that the Buyer has until the time and date specified in the APS for the delivery of the Deposit to have Buyer’s remorse for whatever reason and therefore elect to terminate the APS by not delivering the Deposit.
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