Real Estate Law
What Homeowners Need to Know About Commercial Real Estate Law
As a homeowner, you may not think that commercial real estate law applies to you. However, if you’re planning on renting out a portion of your home or investing in commercial property, having an understanding of commercial real estate law is essential. In this blog, we’ll cover everything homeowners need to know about commercial real estate law. What is…Read More
What are Latent Defects or Hidden Damages in the Property?
Latent defects in a property refer to any hidden or concealed defects that are not visible during a routine inspection or that are not disclosed by the seller or real estate agent. These defects may include structural issues, such as foundation problems or roof leaks, as well as hidden defects in plumbing, electrical wiring, or…Read More
How to Navigate Through the Complex Legal Process of Buying a Home
If you are in the market searching for a new home, it can be a really exciting time in your life, but with all the steps involved, it can also be challenging. Likely you may be aware that you have to secure a mortgage and that it’s wise to work with a real estate agent who can help you find…Read More
Title Insurance in Real Estate Transactions
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,…Read More
Planning to Purchase a Resale Property? Here’s Your Guide
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…Read More
When Does an Asset Go to Probate?
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…Read More
A Divorce Attorney Explains: Is the Division of Property and Assets in a Divorce Always 50/50?
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.…Read More
Five ways to protect yourself when buying or selling real estate
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…Read More
5 Tips for Homebuyers to Keep in Mind When Purchasing
Purchasing a home is the largest investments that most people will make in their lives. The process can be both exciting and stressful. But having the help of the right professionals such as a good realtor and real estate lawyer can really help the process go more smoothly. If you are in the process of…Read More
What is the difference between joint tenancy and tenants in common when buying a home?
In Ontario, there are several different ways of taking title to a home. You could be the sole owner or own the property jointly with someone else (typically a spouse or common-law partner). The two most common ways of owning a home with another person are joint tenancy and tenancy in common. If you are…Read More