Real Estate Blog

Are You Downsizing? Tips to Cut Time and Reduce Stress

Real estate and trust lawyers

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

What to Look for In Condominium Status Certificate Reviews

real estate lawyer downtown toronto

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.

Continue reading

Squatter’s Rights

Real estate lawyers

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

What Ontarians Need to Know about the Land Transfer Tax

estate and trust lawyers

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

First-Time Home Buyers Guide

Real estate lawyers in Vaughan

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

Buying a Pre-Construction Condo in Toronto

Real estate lawyer Vaughan

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