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Completing your Purchase Transaction

To complete the deal, your real estate lawyer will: search for other owners, liens or rights and restrictions affecting your property’s use transfer the title of the property to you prepare the property deed for signing ensure the seller is paid confirm that the seller’s mortgage is discharged ensure that your mortgage or credit line…Read More

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Assignments – When you are the Assignee (Person Receiving the Unit)

Pre-construction purchases are a hot item. Buyers get early bird prices. Builders get needed capital. What happens if a buyer changes their mind? The unit may no longer be right for them. They could be transferred or can’t get financing. Speculators often buy pre-sale units and flip them if the market goes up. That can…Read More

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Resale Homes

Resale homes can be a great value. They can also present legal challenges. The fence you admire could be just over your neighbour’s property line. The new, homeowner-installed chandelier could be a fire hazard. Termites, asbestos, radon or lead-based paint can add thousands to your costs. The backyard paving stones may be hiding an oil…Read More

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New Construction Homes

Buying a brand new house or condominium can be exciting. There are many new residential developments popping up every week and it’s important that you have a real estate lawyer thoroughly review your agreement of purchase and sale and related documents to ensure you are, in fact, getting what you have bargained for.  A new…Read More

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Joint Tenants vs. Tenants in Common

When two or more owners are on a title, they are registered as joint tenants or tenants in common. This choice affects the property’s ownership when you sell or die. Joint tenancy Under joint tenancy, the right of survivorship is awarded to the remaining joint tenants. This means the portion of property owned by the…Read More

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