A special assessment for a condo owner in Ontario is a one-time extra charge imposed by the condominium corporation to cover unexpected or extraordinary expenses that go beyond what the regular monthly condo fees can cover. This typically happens when the condominiumโs reserve fund is insufficient to pay for major repairs, maintenance, or improvements that are necessary for the common … Read More
Should you get a Will? – The Key Differences between having one and not having one
In Ontario, the key differences between dying with a will (testate) and dying without a will (intestate) are related to how your estate is distributed, the process of handling your affairs, and who is in charge of managing your estate. Hereโs a breakdown of the differences: 1. Distribution of Assets โข With a Will (Testate): o You get to decide … Read More
Moving Into a New Construction Home
Moving into a new construction house in Ontario can be exciting, but itโs also important to take care of a few key things to ensure everything is set up properly and your new home is safe and comfortable. Hereโs a checklist of things to do when moving into a new construction house: 1. Inspect the Home โข Final Inspection: Before … Read More
Going on title to a property with a parent and it is your matrimonial home? How Section 26 (1) of the Family Law Act could impact you.
Real estate law and family law often intersect in very interesting and sometimes unwanted ways. Imagine a situation where your parents own their property, and you marry and live in the property, and you go on title to it as part of your estate planning. What would happen if you passed away before your parent? Recently, I came across this … Read More
What does your real estate lawyer do for you?
Many people fail to realize the importance of a lawyer working for them in a real estate transaction. The video below provides a great summary on the benefits of having a legal professional working for you.
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