The Importance of a Proper Title Search
When purchasing a new property, a thorough title search by your real estate lawyer is crucial to uncover any issues like restrictive covenants, liens, or easements that could affect your ownership; learn how a proper title search can protect your investment.
Real Estate Law Firms Are Boutique Like Joe Fresh Is Boutique
Specializing in too many practice areas can make a firm less attractive to clients seeking specific services, but my experience dealing with a “boutique” real estate law firm revealed the pitfalls of such firms, which often prioritize volume over quality, leading to sub-par client service and oversight; learn why comprehensive expertise and dedicated attention matter.
What Happens to Your Deposit if the Deal Doesn’t Close?
When a property deal falls through, the deposit (5%-10%) is usually held in the real estate agent’s trust account. Ontario law often lets sellers keep the deposit if the buyer defaults. The deposit can only be released by mutual agreement or court order. To avoid losing your deposit, ensure thorough inspections, secure financing, and consult a lawyer.
Navigating Property Transactions with Confidence
Navigating real estate transactions requires legal expertise to ensure smooth, secure deals and to handle complexities like contracts, title searches, zoning regulations, and environmental concerns; contact us today for professional support.
Considerations When Buying or Selling Condominium Parking Spots and Condominium Lockers
Purchasing or selling a parking spot or locker in a condo requires understanding condo by-laws, ownership rules, and the adjustment of maintenance fees and realty taxes—learn the essential considerations to avoid costly legal issues.
What Is The Law Surrounding AirBnB?
The “sharing economy” is here to stay, but renting properties on platforms like AirBnB involves navigating municipal by-laws, condo corporation rules, and potential liability issues—learn the essential considerations before listing your property.
Toronto Real Estate Market Continues To Soar
Toronto’s booming real estate market sees 416 area homes average $1,056,114, 905 region homes surge 13.1%, and townhouses rise 29%—discover what these shifts mean for buyers and investors.
Toronto Real Estate Market is Hot – Even When it’s Slow
Despite August being a typically slow month for Toronto real estate, transactions increased by 2.8%, with the average home price rising 8.9% to $546,303 in the Greater Toronto Area, while condo sales outpaced low-rise homes.
Joint Tenants or Tenants in Common?
Understanding how to hold title to a property is crucial, as joint tenancy and tenancy in common offer different rights of survivorship and implications for estate planning, co-ownership, and property division—learn why careful consideration and legal advice are essential.
Why Title Insurance?
When buying a property, title insurance protects against issues like fraud, unpaid bills, and encroachment claims. It’s a one-time purchase required by lenders and highly recommended for owners. Always consult a real estate lawyer for guidance.