(Ontario) Question: I could not understand the Postponement Privilege . Answer: Someone advances a second mortgage. It’s supposed to be in second position. This particular privilege permits the Owner to refinance …
Current Use or Present Use in APS
(Ontario) Question: I have received mixed comments about filling in the “current use” section in the standard Form. Some say “fill it in”, others say “leave it blank, it’s the …
Dower Rights in Ontario
Dower rights in Ontario have come and gone. Of course, they came with the “common law” but they went when the Family Law Reform Act was enacted on 31 March …
Tenancy in Common Issues: Inheritance
Ontario Question: I am very confused regarding tenancy in common. A and B bought property together as tenancy in common. A is married and has children. B is married and …
Seller Defaults on Closing Time
Seller Defaults on Closing Time; Buyer Deposit Returned While this situation may seem obvious, the matter went to the Ontario Court of Appeal for final determination. This wasn’t a straightforward …
No Pools Allowed: Should the Buyer’s Agent Search Title?
Question: A Buyer purchases a home with no conditions with the intention of putting in a swimming pool only to find out that there are no pools allowed in the …
No Pools Allowed: Is Buyer Stuck?
Question: A Buyer purchases a home with no conditions with the intention of putting in a swimming pool only to find out that there are no pools allowed in the …
Searching Title: Requisitions and Objections Removal
What should be the normal periods? What’s fair and reasonable? What makes sense from the Buyer’s perspective? What makes sense from the Seller’s point of view? Let’s start out with …
Registration of Deed
Ontario Question: Mr. and Mrs. Jones buy a property and receive a deed from the sellers, which they take to Registry Office and register in the Registry System. Does this …
Improvident Use of the Keys Prior to Closing
There’s actually a small risk on closing that Buyers and their Agents just might not know about. Possession on closing is allowed at the time the transaction is completed, but …