5 Key Reminders for Buyers & Sellers When Facing Issues In Real Estate Contract

Real Estate Contract

In the world of real estate transactions, contracts are the backbone that upholds the agreements between buyers and sellers. These legally enforceable contracts establish the terms and conditions of the sale, safeguarding the interests of all involved parties. However, despite their importance, real estate contracts can be intricate and subject to various interpretations, leading to…

Read More

The Impact of Zoning Laws on Real Estate: What Buyers and Sellers Need to Know?

Real Estate Lawyer

Zoning laws are the backbone of urban planning, shaping the landscape of communities and influencing the real estate market. For both buyers and sellers, understanding the implications of zoning regulations is paramount in making informed decisions. These laws categorize land into different zones, each with specific permitted uses and restrictions, established by local government authorities.…

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

The Risks and Rewards of Buying a Foreclosed Home

The Risks and Rewards of Buying a Foreclosed Home

If you have seen a foreclosure property appear on the market lately, you may be tempted to swoop in and purchase it at a fraction of the price that you would had it been a normal sale. Although foreclosure sales are not as common in Canada as they are in the US, they sill happen…

Read More

Enduring POA and Advanced directives

power of attorney

Enduring Power of Attorney and Health Directive Forms are legal documents that need to be signed, dated, and witnessed. Advanced Health Directives, including living, will and medical power of attorney (or also called a durable power of attorney for health care.) Advanced Health directives do not have the right to make any financial decisions. Let’s…

Read More

The Ultimate Guide to Private Mortgages/ Lending

Private Mortgage

Investing in the real estate industry is becoming increasingly popular.  With a proper foundation and knowledge, investing in real estate can be highly lucrative for anyone that has done it correctly. However, this is information that you were most likely already aware of. Particularly interesting instead is what are private mortgages/ lending and how you…

Read More

What is a Canadian Mortgage Housing Corporation (CHMC) Insurance premium in mortgages and how to calculate it?

Canadian Mortgage and Housing Corporation

Mortgage insurance is always a good idea, no matter how big your down payment is, or how much premiums are. In the long run, you’ll save money. When you have a lawyer like Minhas Lawyer services on your side, you will find the path to home-owning very rewarding. Let’s take a look at the Canadian…

Read More

Personal Real Estate Corporation (PREC) for Real Estate Agents, Salespersons and Brokers in Ontario

Personal Real Estate Corporation

Lawyers play an important role in many things, but did you know real estate was one of them? Lawyers like Minhas Lawyer Services handle many situations, including helping real estate brokers and agents in Ontario to form a PREC. What is a PREC for Real Estate Agents, Salespersons, and Brokers in Ontario? A PREC or…

Read More