SGA::Commercial Real Estate Closing

SERVICES

Expert Legal Guidance for Every Property Transaction

A commercial real estate closing involves transferring, purchasing, or refinancing income-producing property, where legal, tax, and regulatory obligations intersect. The firm ensures compliance with HST/GST, calculates land transfer tax, and allocates the purchase price among land, buildings, and chattels to address capital cost allowance and recapture under the Excise Tax Act, Income Tax Act, and Ontario regulations.

Clients include property investors, corporations, developers, trustees, and managers in office, industrial, retail, or multi-family transactions. Spear and Shield Law conducts due diligence, including title verification, PPSA, corporate, litigation, tax, and regulatory searches, while reviewing zoning, environmental matters, surveys, leases, and municipal requirements to confirm legality and support financing or audits.

By addressing misconceptions—such as assuming vendors handle HST or that title insurance eliminates risk—the firm ensures proper tax treatment, compliance, and capital cost allocation, giving clients clarity and confidence throughout the process.

Our Solutions

Our Key Services in Commercial Real Estate Closings

Legal Review of Agreements of Purchase and Sale

We examine agreements to ensure contractual terms protect clients and comply with Ontario law. Reviews cover conditions precedent, warranties, covenants, and financing clauses, reducing the risk of disputes or delays at closing.

Title, PPSA search, Legal searches, and Due Diligence

Spear and Shield Law conducts due diligence, including title verification, PPSA, corporate, litigation, tax, and regulatory searches. We review zoning, environmental matters, surveys, leases, and municipal requirements to confirm the property’s legality and suitability, supporting financing and audit needs.

Preparation and Coordination of Closing Documents

The team prepares deeds, affidavits, transfer forms, and supporting documents. We coordinate execution among buyers, sellers, lenders, and registries to meet land registry requirements and ensure accounting records accurately reflect the transaction.

Land Transfer Tax and Municipal Compliance

We calculate land transfer tax, verify municipal charges, property taxes, utility arrears, and development levies. Proper handling of these obligations prevents delays and aligns with corporate reporting standards.

HST/GST and Purchase Price Allocation

Spear and Shield Law advises on HST/GST treatment, self-assessment obligations, input tax credits, and allocation of the purchase price among land, buildings, and chattels. Accurate allocation supports capital cost allowance calculations and limits exposure to deferred tax liabilities.

Coordination with Financial and Lending Institutions

The team liaises with banks, mortgage administrators, and other lenders to discharge or register mortgages, release funds, and document security interests. This safeguards financial positions while meeting tax and accounting requirements.

Management of Conditions and Contingencies

We monitor conditions precedent such as financing, zoning approvals, environmental reports, and title clearance. Proper oversight ensures transactions progress without delays and assets are accurately reflected in financial statements.

Final Closing and Registration

At closing, the Spear and Shield Law ensures all legal obligations are met, documents executed, funds transferred, and property registered. Clients receive secure ownership transfer while meeting Ontario legal, tax, and reporting requirements.

FEATURE

Spear and Shield Law: Streamlining Complex Real Estate Transactions

The Spear and Shield Law provides complete support for commercial real estate transactions. Our team specializes in closings, ensuring compliance with Ontario property law, land transfer regulations, and HST/GST rules. We guide clients through title verification, preparation of closing documents, and allocation of purchase prices, minimizing tax exposure and protecting financial interests.

We follow a structured, proactive approach, combining detailed due diligence, document review, and accurate financial analysis. Our team coordinates with lenders, registries, and mortgage administrators to align discharges, registrations, and funds transfer. This approach ensures smooth closings and correct reflection of transactions in financial statements.

Spear and Shield Law emphasizes clarity, reliability, and risk mitigation. We guide clients through conditions, filings, and registration, translating complex rules from the Land Transfer Tax Act, Excise Tax Act, and Ontario property regulations into practical advice. Clients benefit from a trusted advisory team focused on compliance, accurate reporting, and securing long-term value in commercial real estate investments.

Releated Services

We provide end-to-end support including company formation, tax registration, compliance management, and banking assistance to help your business operate smoothly.

Primary Will, Secondary/Corporate Will, POA for health, POA for Property

At Spear and Shield Law, we help families and business owners protect their legacy with clear, expert guidance. Our inte...

Probate, Estate Administartion and Estate liitigation

We guide families and business owners through estate administration, probate, and disputes, handling legal, financial, a...

Corporate Reorganization

We help business owners and families navigate corporate reorganizations with clear, strategic guidance. We handle legal,...

Business and Corporate Law

We provide strategic legal and tax guidance to help businesses operate confidently and grow securely. We support compani...

Merger and Acquisition (M&A)

M&A advisory, ensuring transactions are structured for compliance, tax efficiency, and operational clarity. Our integrat...

Employment Law

Whether advising employers on compliance and policies or representing employees in disputes, we deliver clear, enforceab...

Civil Law

We provide structured civil law representation to protect your rights and resolve disputes efficiently. From employment...

Residential Real Estate Closing

We provide expert legal support for residential real estate transactions, ensuring purchases, sales, and refinancing are...

Family Law

We provide expert family law support for separation, divorce, and parent–child matters. From drafting agreements to reso...

Our Experts

Sumit Garg, CPA, CA, LPA (Canada), CPA (USA), CA (India), JD (Canada), LLB

Founder & President, SGA Globe Inc.

Legal and financial professional specializing in corporate law, tax planning, estate structuring, and mergers & acquisitions. Provides strategic multi-jurisdictional legal and tax advisory across Canada, the U.S., and India.

Sristy Garg, M.Com, LLQP, RIBO

Wealth Advisor, SGA Globe Inc.

Specializes in corporate insurance, estate planning, and wealth strategies for high-net-worth clients. Combines financial advisory expertise with legal support experience to deliver integrated financial and risk management solutions.

CA. Harsh Mittal, B.Com, M.Com, ACA, CPA (US)

Accounting & Tax Advisor

Dual-qualified CPA (USA) and Chartered Accountant (India) with expertise in U.S. and Canadian accounting, auditing, financial reporting, and taxation for multinational and cross-border business entities.

CA. Shubham Goyal, B.Com, M.Com, FCA

Chartered Accountant

Finance and taxation professional with 10+ years of experience in auditing, tax planning, and regulatory compliance. Experienced in Indian, U.S., and Canadian accounting and taxation advisory.

Nishant Manchanda, B.Com., LL.B.

Advocate & Accounts Manager

Experienced in accounting, taxation, and compliance, specializing in Canadian corporate and individual tax. Supports businesses with filings, GST/HST, and regulatory correspondence.

Sachchida Nand Sharma, MBA, M.Com., B.Com.

Manager – Accounts

Accounting and taxation professional with 9+ years’ experience in financial reporting, compliance, and payroll management across Indian and international operations.

Monika Garg, BA, PGDM

Accounts & Bookkeeping Specialist

Skilled in managing international financial records and reconciliations, ensuring accuracy and compliance. Combines strong communication and analytical skills with hands-on accounting expertise.

Krishan Kumar Pal, B.Com

Senior Accounting & Tax Specialist

Accounting professional with 15+ years’ experience in bookkeeping, year-end finalization, and Canadian tax compliance. Expert in GST/HST, CRA correspondence, and multiple accounting software platforms.

Why Choose Spear and Shield Law for Commercial Real Estate Closing?

1

Integrated Expertise

Our services combine tax, legal, and estate planning solutions all in one place.

2

Experienced Lawyers

Our team includes lawyers with experience in real estate law, family law, tax law, and wills & estate law under Spear & Shield Law Professional Corporation.

3

Prestigious Memberships

Our team is a member of various law associations like the Canadian Bar Association, the Ontario Bar Association, the Law Society of Ontario, the Peel Law Association, and the Halton Law Association.

4

Decades of Experience

Our professionals bring many years of experience in real estate law and tax.

5

Continuous Learning

We attend workshops and seminars from bodies like the Canadian Bar Association, Ontario Bar Association, Peel Law Association, Halton Law Association, The Advocate Society, Toronto Lawyer Association, Law Society of Ontario, Estate Planning Council of Canada, and Mississauga to keep us updated.

6

Unified Approach

Our professionals collaborate to provide comprehensive advice, eliminating the need for multiple experts.

Services

SGA CPA

SGA Tax

Spear and Shield Law

TaxShield Law

SGA Wealth

Tick and Tally

SGA USA

SRGM

Commercial Real Estate Closing