Is Probate really necessary? Not if it is the “First Dealing” of the Property since Conversion
Several years ago the Province of Ontario changed from the Registry System to the Land Titles Conversion Qualified (LTCQ) system for the registration and searching of real estate title (ownership). The Registry Systems was a paper system, whereas, the LTCQ system is an electronic system, which provides efficiency in searching and registering title and provides […]
Separation and the Matrimonial Home
On separation, parties often have to make hard decisions regarding how they will split assets, who will pay support, and how they will move on from the relationship. At this time, one of the most contentious and difficult items to deal with is the Matrimonial Home. Who gets to keep it? Will the kids remain […]
Patent vs. Latent Defects and Caveat Emptor
With multiple offers being common place in the real estate market, many buyers are being forced to submit firm offers on properties that they barely have seen and not had the opportunity to inspect. Some sellers are taking advantage of this opportunity and are offloading themselves of properties that have had defects and deficiencies. Thus, […]
CMHC Study – Examining Escalating House Prices in Large Canadian Metropolitan Centres.
CMHC, Canada Mortgage and Housing Corporation, just released a new study analyzing rising home prices in Canada, titled Examining Escalating House Prices in Large Canadian Metropolitan Centres. CMHC posted about this report, stating “The report represents one of the most thorough examination of house price patterns ever completed in Canada and is the result of […]