Real Estate Law
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 HST 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 HST 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 HST 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 HST 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
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 HST 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 HST 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
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
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
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
Toronto Star Columns
Read Property Law columns written by Bob Aaron