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Assignment of Residential Real Estate Transactions – Part 2 of 3
This is part 2 of our three-part series on assignment of residential agreements of purchase and sale. Click HERE to go back and read part 1 if you have not already done so. In part 1 we discussed the circumstances...
Safeguarding Real Property In Ontario – CERTIFICATES OF PENDING LITIGATION (PART 1 OF 3)
Navigating the legal landscape of property transactions in Ontario can be a daunting task. One aspect of property law that can often cause confusion is the use of certificates of Pending Litigation, cautions, and Section 118 Restrictions. To shed light...
Ontario Court decides Oral Agreements of Purchase and Sale for Real Estate can be Enforceable
Ontario Court decides Oral Agreements of Purchase and Sale for Real Estate can be Enforceable By: Matthew Reardon, Merovitz Potechin LLP If you are a landowner undertaking negotiations with a would-be purchaser with respect to the sale of...
Assignment of Residential Real Estate Transactions – Part 1 of 3 (Series)
Ontario’s housing market has fluctuated wildly over the past 18 months. Availability of low residential mortgage rates during the early days of the COVID pandemic fueled record-setting home sales and frequent bidding wars. As mortgage rates have risen, vendors and...
House Insurance vs. Title Insurance
You’ve just bought a house. You need insurance – but what kind and why? In Ontario, house insurance is not mandatory by law, however, most Lenders require that you obtain it, and most people want to have it. Generally speaking,...
