Frequently Asked Questions

NestLexa provides end-to-end legal support for apartment acquisitions, including agreement review, title examination, regulatory compliance checks and guidance through closing procedures to ensure a smooth transaction.

You will need a copy of your identification, proof of funds, a signed offer to purchase, and any required disclosure statements. Your legal advisor will help you gather and review all necessary paperwork to ensure compliance with provincial regulations.

The standard closing period for an apartment purchase can range from 30 to 90 days, depending on lender requirements and municipal approvals. Your lawyer can help coordinate with all parties to keep the process on schedule.

Once the purchase agreement is signed, there are limited opportunities to withdraw. Your legal representative will explain any contingencies or cooling-off periods included in the contract and advise you on potential risks if you choose to terminate.

A title search is a review of public records to confirm the seller’s right to transfer ownership. It identifies any liens, easements or covenant issues tied to the property address. This step protects your interest and ensures clear ownership.

Yes. Beyond the purchase price, you may incur land transfer taxes, legal fees, registration costs and strata fees. Your legal advisor will provide a detailed breakdown of all expected charges before closing.

NestLexa reviews the strata plan, bylaws, minutes and financial statements on your behalf, highlighting key clauses and offering practical advice. This helps you make an informed decision based on the building’s governance and budget health.

The final walkthrough allows you to inspect the apartment for any damage or incomplete repairs. Your lawyer will coordinate this inspection and confirm that any agreed-upon items have been addressed before funds are released.