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
Land Transfer Tax and How it Can Impact You
Land Transfer Tax (LTT) is a tax levied by provincial or territorial governments on the transfer of property ownership, typically when a property is bought or sold. The tax is calculated based on the property’s purchase price or its fair market value, whichever is higher. Here’s how it typically works: 1. When It’s Paid: LTT is usually paid when the … 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 is a โStatus Certificateโ in Condominium Purchases?
Many people are unaware that a status certificate is a very important document when looking to purchase a condominium unit. The status certificate will be prepared by the condominium corporation or by the property management if they service that building. The purpose of status certificates is to allow potential buyers of condo units to have as much information as possible … Read More
Cottage ownership and what you should know
Everyone wants a nice relaxing time at their cottage. To ensure the time at your cottage is stress free, consult a real estate lawyer to protect yourself from unexpected problems. ๏ปฟ
- Page 2 of 2
- 1
- 2