Abstract
In this paper, the Canada s real estate transaction system is introduced, which has similar to that of in the eastern United States. In other words, the real estate agents cooperate with the real estate lawyers at the closing process. In Korea, the real estate agents normally collaborative with other experts such as judicial scriveners and accountants at the closing process. Thus, the collaboration with the real estate lawyers may be easier than introducing a new system, the Escrow. In Korea, unlike to the Unite State, the real estate can be divided into building and land, and the rights over the real estate are not as simple as that of in the United State. Therefore, the cooperation between real estate agents and lawyers helps protect the socially widespread crimes, i.e. downsizing contracts, document forgeries, double contracts, and so on. Therefore, the collaboration with the real estate lawyers at the closing process may contribute the real estate transaction system more safer and increase reliability.
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