Real Estate Q&A

A Comprehensive Guide to Title Insurance in Toronto Ontario

Title Insurance is a form of indemnity insurance that provides homeowners and lenders with protection against financial loss due to defects in the title to real property. Unlike traditional insurance, which guards against future events, Title Insurance covers events affecting the title that have already occurred. Why You Need Title Insurance Protection Against Hidden Defects:…


Real Estate Lawyer Fees in Toronto: A Detailed Overview

real estate lawyer explaining the various fees and structures inherent to overseeing and reviewing real estate transactions in Toronto.

Navigating the real estate market in Toronto requires a keen understanding of various expenses, notably the critical role played by real estate lawyer fees. Whether you’re embarking on purchasing, selling, or refinancing property, the expertise of a seasoned real estate lawyer is invaluable. These professionals ensure that all financial and legal aspects of the transaction…


Do I need a real estate lawyer in Toronto Ontario?

Are you contemplating a real estate transaction in Ontario or Toronto and wondering, “Do I need a real estate lawyer?” Contrary to the common belief that their involvement isn’t legally mandatory, in reality, the role of a real estate lawyer is integral to the legal completion of these transactions. In Ontario, real estate lawyers are…


Rental Items in Real Estate Transactions

When it comes to listing agreements and Agreements of Purchase and Sale, dealing with rental items, such as hot water tanks, water softeners, furnaces, or air conditioners, can be a complex task. To avoid potential issues, it’s essential to confirm the true nature of these items and ensure they are accurately disclosed in the contracts….


Understanding the HST Rebate for New Homes and Condominiums In Toronto

maze to a home with an HST rebate that indicates the complexities of getting an HST rebate in Toronto.

The HST Rebate is a significant consideration for individuals purchasing new homes or condominiums directly from builders. This guide aims to clarify eligibility, conditions, and implications of the HST New Housing Rebate, ensuring buyers are well-informed about their potential entitlements and obligations. Key Takeaways Eligibility for the HST New Housing Rebate Primary Residence Requirement Eligibility…


Front Yard Parking Rules in Toronto: A Detailed Guide for Residents

A red car parked on Bloor St. in Toronto Ontario.

Understanding the rules and regulations surrounding residential front yard parking in Toronto can be quite complex. However, it’s crucial for property owners to stay informed about these regulations, as violations can result in penalties. This guide aims to clarify the key aspects of front yard parking, from permit applications to determining the legality of parking…


What is WETT: Wood Energy Technology Transfer?

Wood Energy Technology Transfer Inc. (WETT Inc.) is a non-profit training and education association which functions as the national registrar of the WETT program to promote the safe and effective use of wood burning systems in Canada. The Wood Energy Technical Training program is designed to: “provide training to those who offer wood energy products…


Navigating Pet Ownership Laws in Toronto Rentals and Condos

2 pets waiting to see if they are allowed in a rental unit in Toronto.

Navigating pet ownership rules in Toronto and the greater Ontario rental apartments and condominiums can be a complex task, especially when it comes to understanding the rights of tenants and residents regarding service animals. This article aims to clarify these rules, ensuring that pet owners and property managers alike are well-informed. Key Points: Pet Policies…


Navigating Tree Laws in Ontario: An Essential Guide

Navigating the complexities of tree laws in Ontario and specifically Toronto, particularly with property boundaries involvement, can be intricate and daunting. This comprehensive guide aims to clarify critical aspects property owners often grapple with, including dealing with overhanging branches, planting trees on property boundaries, managing a neighbor’s trees that encroach onto your property, and understanding…


Mortgage Down Payment Help From Parents: Is It a Gift, Loan, or Trust?

My mom gave me $50K to help with my down payment: is it a gift or is it a loan or did a trust just get thrown at me? Many parents are financially assisting their adult children to purchase real estate. Sometimes it’s a few thousand dollars; sometimes significantly more. Is this financial assistance a…