Condominium Ownership Explained

A condominium is a parcel of real estate. It is one single unit of a condominium corporation. In effect, it is one method of common ownership with others of a …

Toronto Land Transfer Taxes

You are probably aware that Toronto has its own Land Transfer Tax. This is in addition to the regular Provincial Land Transfer tax which applies throughout the Province. This new …

Land Transfer Taxes in Ontario

In Ontario, there is a land transfer tax which is imposed when transfers of land take place. A key concept is the actual transfer of land. So, the registration of …

Do the Fish go with the House?

  Who cares? Really, this is a more complicated question than it might appear at first blush. Let’s assume you have ten 50 cent goldfish in a tank, does it …

Good Title Clause

Assuming that you wish to bargain for “good title with the regular noted exceptions”, and move away from the obligation to accept “title insurance”, then here’s a clause for your …

Bargain for “Good Title”

Most common law jurisdictions bargain for “good title”, subject to some exceptions. In Ontario, the standard Form OREA Agreement of Purchase and Sale goes one step further. It lowers the …

Joint Tenancy Thwarts Bankruptcy

Joint Tenancy Thwarts Bankruptcy Ontario Real Estate Source By Brian Madigan LL.B. Having property registered in joint tenancy actually worked quite favourably. A doctor acquired a matrimonial home and placed …