Sellers

We facilitate the sale of your property and protect you to ensure that you do not lose title without payment of the purchase price.

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Buyers

We protect you as a buyer to ensure that upon the payment of the purchase price you receive good title to the property and that the sellers comply with their obligations.

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Mortgages

We review mortgage instructions, coordinate funding for buyers, process payouts for sellers, and facilitate all other requirements.

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Other Services

We provide additional services that may be required, such as condo doc review, resolving encroachment issues on RPP, bridge finance and multiple mortgages, and non-resident seller complications.

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WHAT WE DO

In representing you on your purchase or sale we, in essence, act in the role of quarterback to ensure, as much as is within our power, that the transaction closes on time. We protect buyers to ensure that upon the payment of the purchase price they receive good title to the property and that the sellers comply with their obligations. We protect sellers to ensure that they do not lose title without payment of the purchase price. This requires us to effectively communicate with all parties involved, conduct a number of different searches and take a number of steps some of which include:

  • review the contract and mortgage instructions (if applicable) upon receipt
  • conduct title, property tax, community fee and other searches.
  •  prepare the Statement of Adjustments calculating the balance owing on closing
  • for sellers obtain payout information on mortgages and other financial liens
  • for buyers calculate their cash requirement to close and assist with the funding of any bridge
    financing
  • prepare various closing documents including transfers of land, tenancies at will, mortgages,
    directions to pay, etc.
  • arrange a meeting with a lawyer (usually Lou) for the execution of the closing documents
  • in representing sellers obtain an RPR with Compliance (if applicable) and for condominiums an
    Estoppel Certificate
  • send out a trust letter to the buyer’s lawyer or review the trust letter received from the seller’s
    lawyer as the case may be
  • negotiate required amendments to trust conditions with the other lawyer
  • in representing buyers coordinate the funding of the mortgage and bridge financing
  • communicate with the client’s Realtor to verify satisfactory pre-possession inspection
  • forward closing funds to the seller’s solicitor to secure release of keys and submit transfer
    documents to land titles for registration
  • on the selling end pay out any mortgages on title, pay commissions on the transaction and deposit
    net sale proceeds into the client’s bank account
  • in due course obtain and register discharges of mortgages at the land titles office and report to
    the buyer’s lawyer
  • both lawyers provide interim reports to their respective clients roughly 3 weeks post-closing and
    for buyers a final report with a clear title is provided roughly two to three months post-closing

What Clients Say
Lou Pesta will always be my first choice.
    

As a busy real estate professional, it is imperative that I align myself with a lawyer that brings experience, knowledge, expertise, and common sense to some of the challenges that I face on a day to day basis.

Without question, Lou Pesta will always be my first choice. He is incredibly responsive and his experience is unmatched. Lou has talked me through some very complicated issues, and what I appreciate is his no nonsense demeanor, and his ability to get to the heart of the matter quickly. He always has his client’s back, and he is not afraid to fight for what’s right.

There is no lawyer that I would trust my clients with more than Lou. He’s truly the gold standard in real estate law.
– Natalie Berthiaume CIR Realty
An outstanding choice for any real estate legal needs.
    

I enjoyed working with Lou Pesta as my real estate lawyer and couldn't be more satisfied with the experience. Lou displayed a profound understanding of the intricacies of real estate law. He ensured I was well-informed and confident in my decisions, and communication was consistently prompt and clear. Lou's competence, diligence, and dedication make him an outstanding choice for any real estate legal needs.
– Sherri
Lou Pesta and his team have provided superb service to countless clients.
    

Buying or selling a home is the largest transaction most people will complete in their lifetime. Hundreds of thousands and sometimes millions of dollars are involved. It is important to have the right team in your corner especially when it comes to the law and closing of the sale. I have worked with many real estate lawyers over my career and cannot emphasize enough the value of great legal representation especially when challenges arise. Lou Pesta and his team have provided superb service to countless clients of mine over the years. If you're looking for a great real estate lawyer consider giving Lou's office a call today.
– Jeff Ackerman, Re/Max Mountain View #1 Realtor in the Office for 2022
Lou Pesta and his staff are unparalleled.
    

After working as realtors for 30 plus years, we can honestly say that Lou Pesta and his staff are “unparalleled” for their expertise and service both to our clients and to our sales team.  Lou is highly available and readily responsive when legal advice is needed.  On the eve of a closing date, we sleep well when our clients have chosen Lou!  Our recommendation…”Do NOT consider anyone else to represent you in your real estate transactions!”

– Claire Fraser, Richard Fraser, Frasergroup. Remax R.E. (Mountain View), Calgary
He always delivers a favourable outcome and a smooth closing.
    

Lou has been my "go to" real estate lawyer for 15 years now, and I would highly recommend him to anyone. He is great at communicating with my clients and advising and explaining any potential issues thoroughly without scaring them. My clients love that he also reviews condo documents for condo purchases and I find his reviews more in depth and informative than a lot of other review companies with less experience. Whenever there are any complications, delays, or disagreements on possession day I'm never worried as I know my clients are in the best hands with Lou representing them and he always delivers a favourable outcome and a smooth closing.
– Justin Becker – REAL Broker
He is always available.
    

Providing excellent service to our real estate clients includes being able to recommend top notch real estate lawyers, and Lou is absolutely one of those. He reviews the file as soon as it comes to him and is always available to the client and agents for any questions or advice. His attention to detail ensures the transactions go smoothly and without delay, which in turn makes everyone’s experience a very positive one. We can’t thank Lou enough for his work with our clients!
– Jacqueline Thorogood, Luxury Real Estate Advisor, Sotheby’s International Realty Canada
Lou is very accessible.
    

I have been a licensed real estate agent for 36 years and have known and recommended Lubos (Lou) Pesta throughout that time. Lou is very accessible when I have questions or concerns and my clients whether a seller or buyer, consistently find his real estate service very satisfactory. I continue to recommend Lou’s services to clients and fellow realtors without hesitation..
– Jack Clarke

“Every mountain top is within reach if you just keep climbing.”

— RICHARD JAMES MOLLOY

South end of Spray Lake looking towards Mt. Assiniboine from West Buller Ridge

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COST ESTIMATE

For a detailed cost estimate please email the following particulars to Lou or any of his team members:

  • type of transaction (purchase or sale)
  • type of property (house or condominium)
  • purchase/sale price
  • possession date
  • if buying the amount of mortgage and name of lender
  • are you able to sign in person or is a remote videoconference signing required.”