Posts Tagged ‘Real Estate Lawyer’
Title Insurance Demystified: Why It’s Vital for Real Estate Transactions
Introduction Real estate transactions are intricate affairs where property ownership history can hold hidden surprises. These surprises might threaten your investment or homeownership dreams. Enter title insurance – a safeguard that shields you from the unexpected. In this article, brought to you by Minhas Lawyers, we’ll unravel the mysteries of title insurance and illuminate why…
Read MoreReal Estate Investing: Tips to Build Wealth Through Property Investment
Real estate investing has long been regarded as one of the most effective ways to build wealth. Property investment can yield substantial financial returns with careful planning, strategic decision-making, and a solid market understanding. In this blog post, we will explore key strategies and considerations for building wealth through real estate investing. We will offer…
Read MoreWhat 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 MoreWhat 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 MoreHow 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 MoreTitle 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 MorePlanning 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 MoreWhen 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 MoreA 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 MoreFive 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…
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