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Real Estate Law

Residential and Commercial Mortgage Services

Professional Legal Guidance for Residential and Commercial Mortgages in Ontario

Mortgage transactions, whether residential or commercial, require careful legal oversight to protect your interests and ensure compliance with Ontario’s real estate laws. Whether you’re refinancing, discharging a mortgage, or seeking independent legal advice, having the right legal partner ensures a seamless process.

At Kormans LLP, we provide tailored legal services to support every stage of your mortgage transaction. From representing private lenders and borrowers to reviewing mortgage commitments, our experienced lawyers work with you to address your specific needs. Trust Kormans LLP to deliver practical solutions that safeguard your interests and streamline your mortgage transactions.

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Comprehensive Residential and Commercial Mortgage Services

Kormans LLP offers a full range of legal services to support residential and commercial mortgage transactions:

Private Mortgage Refinancing and Discharges
Facilitate private mortgage refinancing and discharges with professional legal guidance.


Institutional Mortgage Refinancing and Discharges
Navigate institutional mortgage transactions with confidence and compliance.

Review of Mortgage Commitments
Ensure your mortgage commitments are clear, enforceable, and aligned with your financial goals.

Representing Private Mortgage Lenders and Borrowers in Individual or Corporate Capacity
Provide legal representation for private mortgage lenders and borrowers to protect their interests.

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Representing Private Mortgage Lenders and Borrowers in Individual or Corporate Capacity
Provide legal representation for private mortgage lenders and borrowers to protect their interests.

Independent Legal Representation
Offer comprehensive legal representation for all parties involved in mortgage transactions.

Independent Legal Advice
Provide impartial legal advice to ensure you fully understand your mortgage agreements and obligations

Lender Title Insurance
Secure lender title insurance to protect against potential title risks or disputes.

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Transparent Simple Pricing

The real estate market isn’t always predictable, but your closing costs should be. Want to customize your cost estimate?
All prices are based on standard transactions and exclude HST and disbursements.

Select a service to get started.
Looking for help finding the right service?
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Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Mortgage Refinance
from $849
Change of Ownership
from $549
Close on a Purchase
from $1,179
Close on a Sale
from $1,079
Independent Legal Advice
from $595
Builder Occupancy Closing
from $549
Review APS
from $379
Draft APS
from $1,199
All prices are based on standard transactions and exclude HST and disbursements.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us

Get started with Kormans

Close your transaction in four easy steps

1
Tailored Legal Advice
We provide customized solutions to meet your unique mortgage transaction needs.
2
Comprehensive Support
From refinancing to title insurance, we handle every aspect of residential and commercial mortgages.
3
Proven Competency
Our lawyers have extensive experience in real estate law and mortgage transactions, ensuring your success.
4
5
With a proven track record in residential real estate, our lawyers are known for their attention to detail and commitment to excellence.
We work closely with clients and partners alike to deliver results that exceed expectations.

What our clients say

Jason Fata

Can't say enough about the Korman's team - best in the bizz! I look forward to continued business and thanks again for the quick turnaround & work with closing my new home!

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Frequently Asked Questions

What is the difference between private and institutional mortgage refinancing?
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Private mortgage refinancing involves individual or corporate lenders, offering flexible terms but often higher interest rates. Institutional refinancing is provided by banks or financial institutions with standardized terms. We can guide you through both processes.

Why do I need legal advice for mortgage commitments?
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Reviewing mortgage commitments ensures you fully understand the terms, obligations, and potential risks. Our legal advice helps you make informed decisions.

How does Kormans LLP assist private mortgage lenders and borrowers?
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We provide legal representation to protect the interests of private lenders and borrowers, ensuring all agreements are clear, enforceable, and compliant with the law.

What is independent legal representation in mortgage transactions?
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Independent legal representation ensures each party in a mortgage transaction has impartial legal support to protect their interests and avoid conflicts of interest.

What is lender title insurance, and why is it important?
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Lender title insurance protects mortgage lenders against potential title risks, such as fraud or errors in public records. We help secure title insurance to safeguard your investment.

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