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What is Title Insurance? Title insurance protects property owners from losses that could potentially arise regarding the legal ownership of a property. As a present title owner it is crucial to have a clear ownership “title” to the property. Despite the current owner being at no fault, these issues can always arise. Without title insurance,…

If you are considering purchasing a home or condo this year, one of the decisions you will need to make is whether you wish to purchase something that is newly built or whether you wish to purchase a resale property. While there are advantages and disadvantages to each, many people prefer to purchase a resale…

When dealing with someone’s estate after they are deceased, there is a process called probate which must happen before assets may be transferred to that person’s beneficiaries. This helps to ensure that the relative taxes are first paid out accordingly. The executor or administrator of the estate ensures that debts and taxes are paid off…

When a married couple decides to separate and go their separate ways, it is generally expected that property and assets will be divided equally. In fact, according to the Family Law Act in Ontario, it is required that assets that have been accumulated over the course of the marriage are divided 50/50 in the divorce.…

Buying and selling real estate is a major financial transaction, for both parties involved. Thus it makes sense that each side wants to have their interests protected and make sure their investment is well made. If you’re considering buying or selling real estate, here are five tips to keep in mind. Do your research If…