Second Mortgage / Other Mortgage
Whether you are taking out a second mortgage, a home equity line of credit (HELOC) as a new charge, or any other subsequent mortgage on a residential property you already own, a lawyer must review the mortgage commitment, conduct a title search, prepare all closing documents, register the new charge on title, and report to you and your lender. This flat-fee package covers all legal work for a standard subsequent mortgage transaction in Ontario.
What the advertised price includes
The advertised price includes legal services, ordinary disbursements, and third-party charges for the described transaction. HST and only the permitted disbursements under LSO Rule 4.2-2.1 are additional: land transfer tax, government registration and other government fees, Teranet fees, a condominium status certificate, creditors’ lawyers’ letters concerning similar-name executions, and title insurance. These costs will be itemized. A purchase includes acting on one mortgage; a sale includes discharge of the first mortgage.
Read Rule 4.2-2.1 on the LSO websiteWhat Is Included
- Review of mortgage commitment and lender instructions
- Title search and review
- Preparation of all closing documents
- Registration of the new mortgage charge on title
- Receipt and distribution of mortgage proceeds
- Reporting to you and your lender after closing
What Is Not Included
- HST (charged on legal fees)
- Land transfer tax (not applicable on a mortgage)
- Government document registration fees
- Teranet fees
- Title insurance premium (if applicable)
- Fees charged by creditors' lawyers for similar name execution searches
- Any lender-side legal fees
- Discharge of any existing mortgage (separate transaction)
Who This Service Is For
Information Required from You
- 1Mortgage commitment letter from your lender
- 2Most recent mortgage statement for any existing mortgages on title
- 3Property address and PIN
- 4Government-issued photo ID
- 5Contact information for your lender
Frequently Asked Questions
Important Limitations
- •The advertised price of $799 + HST is inclusive of all legal fees for the scope described, in accordance with Rule 4.2-2.1 of the Law Society of Ontario's Rules of Professional Conduct. HST and the permitted disbursements listed above are not included.
- •Permitted disbursements (government registration fees, Teranet fees, title insurance premium, similar name execution search fees) are in addition to the flat fee and will be itemized in your reporting letter.
- •This price applies to a standard subsequent mortgage transaction. Additional complexity — such as power of attorney closings, title issues, or concurrent discharge of an existing mortgage — may require a revised quote.
- •Submitting a request does not create a lawyer-client relationship. A conflict check will be completed before any retainer is signed.
Fixed fee
$799
Plus HST and permitted disbursements only
LSO Pricing Disclosure
Price includes all legal fees. HST and permitted disbursements (registration fees, Teranet fees, title insurance, etc.) are additional, per LSO Rule 4.2-2.1.
This service is provided by a third-party real estate law firm. Our referral partner is a licensed Ontario law firm that carries professional liability insurance and is properly insured to perform real estate closings. By requesting this service, you consent to us sharing your inquiry with our real estate referral partner, and you may be contacted by them, pursuant to our Privacy Policy.
Requesting does not create a lawyer-client relationship. Subject to conflict check and acceptance.
Prices are for the stated scope only. Additional complexity, urgency, disbursements, HST, or government fees may apply.
Fixed fee
$799
Plus HST and permitted disbursements only