Are you thinking it’s time to move into a smaller residence? It’s a common tactic for many seniors in retirement to free themselves up from financial obligations and all that maintenance that comes with owning a larger home. It can be especially stressful during a pandemic for the sellers or their caregivers to navigate Ontario’s intense real estate market. Here are a few downsizing tips for you and your loved ones:Continue reading
As a lawyer, when advising buyers of pre-construction homes or condominium units just after they have signed an agreement, I always start off the consultation by saying the same thing. These Agreements Of Purchase And Sale (APS) are very one-sided in the builder’s favour.
Whether you’re familiar with the concept of probate or not, the death of a close family member or friend will inevitably lead you down the road of requiring it. Understanding the implications, and knowing how to best manage probate, will help you make a difficult time much easier.Continue reading
As a lawyer, when representing buyers of resale condominium properties, the main question my clients initially have is whether the condominium corporation is “financially healthy”. A condominium’s status certificate contains auditor’s reports and other relevant financial information. Is that all it contains?…The short answer is no. A proper status certificate review should be much more than that.
For landowners in Ontario, it is important to know and understand Squatter’s rights as they pertain to the ownership of land and the changes made in the system that can impact entitlement of the land. There are many cases in court regarding land entitlement and it may cause confusion. If you have a land issue that you want to resolve, you must know about the Squatter’s rights in Ontario. These are also known as adverse possession.Continue reading
Buying a home is an exciting time. Whether you are just starting-out or climbing up the real estate ladder, there are lots of hidden fees and costs you should prepare for as you sign the final paperwork.
Here is a helpful guide to navigating the home buying process and budget for the unexpected.Continue reading
Homebuyers in Toronto and throughout the GTA know that purchasing a new home can be a long and somewhat complicated process. There can also be a raft of unexpected fees, which can surprise buyers throughout the process. Of course, nobody wants to make their path to a new home more complex than it has to be. That’s why new and old buyers must begin their search with an understanding of what they’ll encounter during their purchase. On that note, we will explore one of the most misunderstood aspects of buying a home in Ontario: the Land Transfer Tax. Here is everything you need to know to prepare and budget for land transfer tax fees.Continue reading
A first-time home buyer in Toronto may feel overwhelmed, both by high prices and a seemingly endless stream of information. There is a good amount to consider, and often a good deal of contradicting advice. Of course, buying real estate is often one of the most significant investments a person will make—if not the single most significant. As with any such decision, information is power.Continue reading
Are you buying a new condo in Toronto? We understand the frustration that comes with the buying process. It may seem like you’ve found the perfect condo, only to discover hidden fees or hidden details in the fine print. The condo business is booming, and as a result, it seems like there’s a new complex going up in every corner. Most buyers are choosing to purchase a pre-construction condo because of the pricing and benefits of moving into a brand new complex. Throughout this article, we’ll discuss some crucial factors that you’ll need to know when buying a pre-construction condo in Toronto.Continue reading
The real estate market can be a very complex and complicated one to figure out, for both buyers and sellers alike. Engaging in a real estate transaction without all the critical information required, can lead to serious financial problems down the road. One way to avoid unforeseen expenses and unwanted surprises when selling a house, is to hire a professional real estate lawyer.Continue reading