Real Estate
Founded in 1930, the law firm of Aaron and Aaron has built a reputation based on its level of expertise in all areas of real estate law. Since 1995, Robert Aaron has acted as a Law Society Bencher and continues to serve on a number of different Law Society Committees. As founder of the Ontario Real Estate Lawyers Association and Toronto Star Columnist for the New Homes section his contributions and dedication serve towards the enhancement of the legal, real estate and home owner communities alike.
what we do...
- Sale and Purchase of Residential Properties
- Sale and Purchase of Commercial Properties
- Sale and Purchase of Land
- Charge of Land
- Power of Sale Proceedings
- Personal Property Transactions
- Leases
SALE AND PURCHASE OF RESIDENTIAL PROPERTIES
Purchase of Residential Properties (including recreational property for personal use)
- reviewing the executed agreement of purchase and sale
- investigating title and checking description, making requisitions on title and on other matters recited in the agreement.
- searching for arrears of realty and all other taxes and rates constituting statutory liens
- advising on the applicability of GST legislation
- searching for executions
- reviewing transfer
- reviewing statement of adjustments and examining survey (if available)
- making zoning and building by-law enquiries, searching for work orders, discussing with the purchaser all matters related to title, zoning and statement of adjustments
- in rural recreational properties, advising clients with respect to road access, shore road allowance, septic issues, water potability and well issues
- attending on execution of documents
- attending to the closing
- giving opinion on title
Purchase of Residential Condominium Units
- reviewing agreement of purchase and sale and accompanying documents, including reviewing declaration, by-laws, management contract, insurance trust agreement, and all other condominium documentation
- investigating title and checking the description
- searching for arrears of realty and other taxes and rates constituting statutory liens
- advising on the applicability of GST legislation
- making zoning and building by-law enquiries
- searching for work orders
- examining condominium unit plan
- making requisitions on title and on other matters recited in the agreement
- reviewing transfer
- obtaining and reviewing statement from condominium corporation as to financial condition
- reviewing statement or adjustments
- discussing with the purchaser all matters related to title, zoning, condominium registration and adjustments
- attending to the closing
- attending on execution of documents
- advising about common expenses, insurance coverage, boundary limits of condominium unit
Sale of Residential Properties (including sale of recreational property for personal use)
- reviewing executed agreement of purchase and sale
- preparing transfer
- answering requisitions on title
- preparing and advising on statement of adjustments
- advising on the applicability of GST legislation
- attending on execution of documentation
- attending to the closing and completing the sale
Sale of Residential Condominium Units
- reviewing executed agreement of purchase and sale
- advising on the applicability of GST legislation
- supplying copies of the declaration, by-laws, management contract, insurance trust agreement, up-to-date insurance certificate
- preparing transfer of title
- answering requisitions
- preparing statement of adjustments
- attending on execution of documentation
- attending to the closing and and completion of the sale
TOP
Sale and Purchase of Commercial Properties
Purchase of Commercial Real Estate
- reviewing executed agreement of purchase and sale
- investigating title, making requisition on title and on other matters recited in the agreement
- searching for arrears of realty and all other taxes and rates constituting statutory liens
- advising on the applicability of GST legislation
- searching for executions
- reviewing transfer
- preparation of one charge given back and/or personal property security agreement
- searching under the Personal Property Security Act for registrations
- reviewing all leases and/or tenancy agreements, service contracts and employment contracts (if any) with respect to the property
- reviewing bill of sale (if any)
- reviewing statement of adjustments and examining survey (if available)
- making zoning and building by-law enquiries
- searching for work orders
- discussing with the purchaser all matters related to title, zoning and statement of adjustments
- attending on execution of documents
- attending to the closing
- giving opinion on title
- enquiries with respect to compliance with Environmental Control Regulations
Sale of Commercial Real Estate
- reviewing executed agreement of purchase and sale
- preparing transfer, bill of sale, assignment of lease and/or tenancy agreement
- assignment of service contracts
- preparing statement of adjustments
- advising on the applicability of GST legislation
- answering requisitions on title and on other matters recited in the agreement
- reviewing charge taken back and/or personal property security agreement (if any)and perfecting security interest
- attending the closing and completing the sale
TOP
Sale and Purchase of Land
- negotiate the terms of a purchase or sale of a property which may include finding a vendor or purchaser
- drawing agreement of purchase and sale including attendances to take instruction and execution
- drawing transfer of land including attendances to take instruction, execution and registration
- drawing transmission or survivorship application including attendances to take instruction, execution and registration
- drawing executor's or administrator's transfer including attendances to take instruction, execution and registration
Charge of Land
- preparing charge and extra copy for chargor and delivery to chargor
- investigating title
- searching for arrears of realty and other taxes constituting statutory liens
- searching for executions
- reviewing survey (if available)
- making zoning and building by-law inquiries and searching for work orders
- discussing with the chargee all matters related to title
- >reporting
- giving opinion on title
Power of Sale Proceedings
- taking instructions searches, interviews, attendances, drawing and serving notice
- negotiations leading to completion of the sale
- drawing declarations of default and service and other supporting material
- attending on making declarations and preparing deposits
Personal Property Transactions????
- drawing of security agreement including copies for registration purposes and financing statement and extra copy for the borrower
- conducting all appropriate searches
- obtaining corporation status reports and other applicable reports including taxes and/or rates constituting statutory liens
- searching for executions
- obtaining confirmation with respect to insurance coverage ( if required )
- attending to all necessary registrations
- reporting
Leases
- drawing of lease
- reviewing and advising on lease
- subsearching of title or other searches and services required with respect to the leased premises
- drawing commercial leases including negotiations and all other services
- drawing additional provisions with respect to construction terms and specifications included in either an agreement to lease or lease