Real Estate Law

How to Add a Family Member to a Property Title in Ontario

Adding a family member to a property title in Ontario involves several important steps and considerations. This process can be straightforward but requires careful attention to legal and tax implications. Here’s a step-by-step guide on how to add a family member to a property title in Ontario. Step 1: Understand the Implications Legal Implications: Tax

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What is Land Transfer Tax?

Land transfer tax (LTT) is a tax levied by the provincial government on the transfer of ownership of real property. It is an important consideration for anyone buying or selling property in Ontario. This blog will explain what land transfer tax is, how it is calculated, and what exemptions and rebates may be available. Understanding

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Can a Trustee Own a Property on My Behalf in Ontario?

In Ontario, it is possible for a trustee to own property on behalf of another person. This arrangement is commonly used in various legal and financial contexts to manage and protect assets. Understanding how trusteeship works and its implications can help you make informed decisions about property ownership and management. This blog will explain the

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What is a Vendor Take Back Loan?

When it comes to financing a real estate purchase, one option that both buyers and sellers might consider is a Vendor Take Back (VTB) loan. This type of financing arrangement can be advantageous in various circumstances. In this blog, we will explain what a Vendor Take Back loan is, how it works, and its benefits

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Should I Evict My Tenants Before Listing My Home for Sale in Ontario?

Selling a property in Ontario that is currently occupied by tenants can be a complex decision. Whether to evict tenants before listing your home for sale depends on various factors, including the type of property, the current rental market, and your goals as a seller. This blog will explore the pros and cons of evicting

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What is a Parcel Register?

When dealing with real estate transactions in Ontario, one essential document that often comes into play is the parcel register. Understanding what a parcel register is and its significance can help property owners, buyers, and real estate professionals make informed decisions. This blog will explain what a parcel register is, what information it contains, and

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Can I Transfer Title to a Property in Ontario Without a Lawyer?

When it comes to transferring the title of a property in Ontario, many homeowners may wonder if they can handle the process themselves without legal assistance. The short answer is no. It is not advisable to transfer title to a property without a lawyer. Here’s why: Importance of Legal Expertise Risks of Transferring Title Without

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What are Standard Charge Terms in the Context of Ontario Mortgages?

When obtaining a mortgage in Ontario, it’s essential to understand the various terms and conditions that will apply to your loan agreement. One key component of this agreement is the standard charge terms. In this blog, we will explain what standard charge terms are, their significance, and how they impact mortgage agreements in Ontario. Understanding

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What is a PPSA Registration?

In the realm of secured lending and personal property transactions, understanding the Personal Property Security Act (PPSA) and the importance of PPSA registration is crucial. This blog will explain what PPSA registration is, its purpose, how it works, and why it is essential in Ontario. Understanding the Personal Property Security Act (PPSA) The Personal Property

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