The Real Estate Podcast

← The Real Estate Podcast24 aug · 37 min

Do You Really Need a Real Estate Lawyer? What Can Go Wrong Before Closing | EP406

Do You Really Need a Real Estate Lawyer? What Can Go Wrong Before Closing | EP40624 aug37 min

<p>Buying or selling a home involves a lot more than signing an Agreement of Purchase and Sale.</p><p><br></p><p>In this episode of The Real Estate Podcast, Steve Cecchetto sits down with Ameera Khan, barrister &amp; solicitor and co-owner of ASK Law Firm in Milton, to break down what a real estate lawyer actually does behind the scenes—and what can happen when the legal side of a transaction gets overlooked.</p><p><br></p><p>They discuss title searches and liens, what buyers are really signing at closing, first-time buyer mistakes, why ChatGPT and Google shouldn&#39;t replace professional legal advice, what happens when a seller doesn&#39;t honour part of an agreement, same-day buying and selling, common closing problems, and some of the major differences between residential and commercial real estate law.</p><p><br></p><p>Whether you&#39;re buying your first home, selling, moving up, or investing in commercial property, this episode offers a look at the legal side of real estate that most people don&#39;t see until they&#39;re already in the middle of a transaction.</p><p><br></p><p>This podcast is for general informational purposes only and should not be considered legal advice.</p><p><br></p><p>ASK LAW&#39;s website:</p><p><a href="http://www.asklawfirm.ca/" target="_blank" rel="noopener noreferer">http://www.asklawfirm.ca/</a></p><p><br></p><p>VIDEO SECTIONS &amp; TIMESTAMPS</p><p>0:00 – Intro</p><p>1:13 – Meet Ameera Khan &amp; ASK Law Firm</p><p>7:13 – Why Buyers Wait Too Long to Find a Lawyer</p><p>8:22 – What Does a Real Estate Lawyer Actually Do?</p><p>9:23 – Liens, Title &amp; What Can Be Attached to a Property</p><p>11:45 – What Are You Actually Signing at Closing?</p><p>15:24 – Advice for First-Time Homebuyers</p><p>17:28 – Knowing When You Need a Professional</p><p>19:47 – What Happens When a Seller Breaks the Agreement?</p><p>22:51 – What Sellers Need to Know Before Closing</p><p>26:10 – Buying &amp; Selling on the Same Day</p><p>29:14 – The Biggest Reasons Real Estate Closings Go Wrong</p><p>33:57 – Residential vs. Commercial Real Estate Law</p><p>36:27 – Outro/recap</p><p><br></p><p>Watch on YouTube:</p><p><a href="https://youtube.com/kormendytrott" target="_blank" rel="noopener noreferer">https://youtube.com/kormendytrott</a></p><p>Listen on Spotify:</p><p><a href="https://open.spotify.com/show/1pwncyet9NydbgTmx5D21k" target="_blank" rel="noopener noreferer">https://open.spotify.com/show/1pwncyet9NydbgTmx5D21k</a></p><p><br></p><p>Linktree:</p><p><a href="https://linktr.ee/kormendytrott" target="_blank" rel="noopener noreferer">https://linktr.ee/kormendytrott</a></p><p><br></p><p>Instagram:</p><p><a href="https://instagram.com/kormendytrott" target="_blank" rel="noopener noreferer">https://instagram.com/kormendytrott</a></p><p><br></p><p>YouTube:</p><p><a href="https://youtube.com/kormendytrott" target="_blank" rel="noopener noreferer">https://youtube.com/kormendytrott</a></p><p><br></p><p>Facebook:</p><p><a href="https://facebook.com/kormendytrott" target="_blank" rel="noopener noreferer">https://facebook.com/kormendytrott</a></p><p><br></p><p>X:</p><p><a href="https://x.com/kormendytrott" target="_blank" rel="noopener noreferer">https://x.com/kormendytrott</a></p><p><br></p><p>LinkedIn:</p><p><a href="https://linkedin.com/company/ktrealty" target="_blank" rel="noopener noreferer">https://linkedin.com/company/ktrealty</a></p><p><br></p><p>TikTok:</p><p><a href="https://tiktok.com/@kormendytrott" target="_blank" rel="noopener noreferer">https://tiktok.com/@kormendytrott</a></p><p><br></p><p>The Kormendy Trott Team was formed in 2011 by Ariel Kormendy and Adrian Trott. Originally a team of two in Milton, Ontario, KT has grown into a full-service real estate group serving Halton Region, Peel Region, and the Greater Toronto Area.</p>