When preparing a will in Ontario, one small clause can completely change how your estate is distributed. Two of the most commonly misunderstood terms are per stirpes and per capita β and choosing the wrong one can unintentionally disinherit children or grandchildren. If you are creating or updating a will in Toronto or the Greater Toronto Area, understanding the difference … Read More
Can You Really Own City Parkland? What Kosicki v. Toronto Means for Homeowners
A Backyard Surprise Imagine this: you buy a house in Toronto, enjoy your backyard for years, and then find out part of the land behind your fence actually belongs to the City. Sounds unbelievable, right? Thatβs exactly what happened to a Toronto couple, Pawel Kosicki and Megan Munro. Their case, Kosicki v. Toronto (City), recently made it all the way … Read More
Why Buying Pre-Construction in Toronto Can Be a Smart Move
Thinking about buying a pre-construction condo or home in Toronto? Learn the top advantages of investing early in new developments across the GTA. ________________________________________ Why Buying Pre-Construction in Toronto and the GTA Makes Sense Torontoβs real estate market continues to evolve, and buying pre-construction has become an increasingly popular option for homebuyers and investors alike. Whether you’re looking for a … Read More
Looking to Sign a Commercial Lease in Toronto? Take a Look at These Tips Before You Do
Signing a commercial lease in Ontario is a significant step for your business, and itβs essential to ensure that the lease terms align with your needs and protect your interests. Here are some important tips to keep in mind: 1. Understand the Lease Term β’ Length of Lease: Commercial leases can vary in length, typically ranging from 1 to 10 … Read More
Why Specificity in Your Purchase Agreement Could Save Your Deal (or Your Wallet)
In the world of real estate, whatβs not written in your Agreement of Purchase and Sale (APS) can cost you. Whether you’re buying a home in Toronto, an investment property in Vaughan, or a commercial unit in Mississauga, vague or poorly defined conditions or amendments can lead to disputes, delays, or lost deposits. It is unbelievable the number of Agreements … Read More