In an Alberta residential transaction, what is the role of the buyer's lawyer?
Correct Answer
C) To search title, review the RPR, prepare mortgage documents, register the transfer and secure clear title
In an Alberta residential transaction, the buyer's lawyer performs essential functions including conducting a title search, reviewing the Real Property Report and municipal compliance, preparing and registering the transfer of land and mortgage documents, handling the trust account for the transaction, and ensuring the buyer receives clear title.
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