The dramatic rise in the prime interest rate is having a devastating impact on household budgets, and as a result we are seeing more and more power of sales in the real estate market in the Durham Region, something that has been relatively uncommon up until now.
Estate Administrative Tax (EAT) is also known as probate fees. There’s no way to get out of paying them, but there are a few things to consider when trying to reduce the amount that your beneficiaries will have to pay from your estate after you are gone. Here is what you need to know about Estate Administration Tax.
As a buyer, it can be tempting to forego all conditions. Financing, home sale, and home inspection conditions are the most common conditions. If you are considering excluding conditions, we urge you to reconsider.
Let’s get to the definitions of a chattel and fixture in a real estate deal.
When settling the estate of an individual there are often hurdles and hiccups that must be navigated. If you are an Executor of an estate that has property to sell, we expect that you may have some serious questions. Read more about what to expect when you are...
Did you know that a real estate lawyer’s title search just before closing can sometimes find red flags that could have been rectified with a title search prior to listing? This is why at McMurter & Associates we always recommend a title search be done BEFORE the listing of a property.
In Ontario, pets are considered property so the same rules of guardianship of your children do not apply. In fact, when it comes to your estate your beloved cat is considered as no more valuable than your couch, or your sweet dog is only as important as your dining room table
Red flags that can arise in your title search. When you are selling, the deal will not close without a current title search on your property. A title search ensures there are no hindrances for a new owner taking possession. Sometimes, there are red flags.
Planning for your new family should include making changes to your will or creating a will if you have not already done so.
Many new parents often overlook the process of planning for their future when it comes to their family. We want to share how important it is to have an estate plan in place even before you start a family.
did you know that your title search through GeoWarehouse differs greatly from a real estate lawyer’s version through Teraview?
In a real estate lawyer’s ideal world, a title search would be conducted BEFORE every property is listed. While this may not be common practice, having the search done before could save a lot of sellers, buyers, realtors, and lawyers from some unfortunate situations.
Toronto Office
Satellite office, open by appointment only
Evergreen Brick Works
550 Bayview Ave., Suite 401
Toronto, ON M4W 3X8
Phone: 289-278-0934
Toll Free: 1-800-756-7138
Email: [email protected]
Fax: 416-747-6208
Toronto Office