When Mark and Lisa Thompson (names anonymized for confidentiality) bought their family home in Milton over a decade ago, they never anticipated just how valuable their investment would become. Now, with their children off to university and home renovations planned, …
From Stress to Success: How Selling a Home in Ontario Became Easy for the Martins
James and Sarah Martin (names anonymized), long time residents of Milton, Ontario, decided to sell their family home to downsize and enjoy their retirement. They quickly realized that selling a home was much more complex than placing a sign on …
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.
Tips for Buying Pre-Construction Properties
The following is an excerpt from the Tarion website (www.tarion.com). Tarion is a not-for-profit consumer protection organization established by the Ontario government to administer the province’s new home warranty program. By law, all new homes built in Ontario are provided …
What is an Agreement of Purchase and Sale?
An Agreement of Purchase and Sale is a written contract between a seller and a buyer for the purchase and sale of a particular property. In the Agreement, the buyer agrees to purchase the property for a certain price, provided …
What is Land Transfer Tax?
When you buy land or an interest in land in Ontario, you pay Ontario’s land transfer tax. Land includes, but is not limited to, any buildings, buildings to be constructed, and fixtures (such as light fixtures, built‑in appliances and cabinetry). …
Does Your Lifestyle Suit a Condo?
Before putting a down payment on a condo, take a look at see if a condo is truly the right fit for you
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.
Why Every Homeowner Needs Title Insurance?
Title Insurance is an important part of any residential real estate transaction. It can protect you from many circumstances that can arise after a deal has closed. The following video explains why Title Insurance is important to any residential real …
What is a Survey?
Many people do not understand just how important a survey can be when dealing with property. At Patel Law PC, we receive many concerned calls from clients about what exactly a survey is. A survey is a detailed drawing of …
What is a Status Certificate?
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. …
Why Choosing a Good Real Estate Lawyer Is an Important Decision?
When it comes to real estate transactions, choosing a good lawyer is crucial. Whether you are buying, selling, or dealing with property disputes, the expertise of a skilled real estate lawyer can make a significant difference in the outcome. Here …