Real Estate.
For many people, the purchase or sale of a home is the most important and expensive legal matter in which they will be involved.
The involvement of a lawyer who is experienced in real estate transactions will provide each party with a full understanding of their rights and responsibilities. An experienced Real Estate Lawyer can also help to avoid future legal problems that may arise if either buyer or seller is not fully aware of the legal effects of the real estate transactions.
Purchase.
Sale.
Refinance.
Important Information.
Utilities.
You must contact the utility companies to set up new accounts prior to the closing. Click the link for a list of all the utility companies.
Title Insurance.
This is an insurance policy that covers the title condition and ownership.
Adjustments.
This document is a balance sheet that lists all adjustments to the agreed purchase price necessary to determine what the purchaser will ultimately pay to the vendor on closing.
Land Transfer.
When you a buy a house, condo or land in Ontario you are subject to land transfer tax.
Tarion.
TARION provides, among other things, a warranty of the builder’s workmanship and certain deposit guarantees.
Ownership.
Where two or more individuals together buy a home, they decide how they want to register their ownership. “Joint tenants” or “tenants in common”.
Title Transfer.
At any time an owner may pass their interest in a property to another person. This is called a transfer of title. Most common occurrences are when a property is being refinanced and the mortgage includes another party.