The Agreement of Purchase and Sale has been signed and the deal is firm. Congratulations to you, the agent, and your buyer. It feels like time to celebrate, but then…
The date scheduled for the buyer to pay their deposit passes without the funds anywhere to be seen. Besides an angry seller who is likely riddled with emotions, what happens next?
McMurter & Associates Legal Blog
Protecting your loved ones living with a disability through estate planning
When estate planning, you might be wondering how you can leave assets to someone who does not have the capacity to care for themselves due to living with a disability. We understand that there is a constant worry about trying to protect them even after you are gone.
Why does appointing a Power of Attorney matter?
Making a power of attorney or other arrangements as part of your life planning allows you to choose whom you want to make decisions for you should you become mentally incapable.
I want to purchase a home that has existing tenants. What are my next steps as the purchaser?
I want to purchase a home that has existing tenants. What are my next steps as the purchaser? If you intend to reside in the house yourself, you must negotiate a clause in the contract calling for “Vacant Possession”. This now puts the onus on the seller to ensure the house is empty at the date of closing.
My financing fell through two weeks until closing. What are my options?
It is a worst-case scenario if your real estate deal does not close on the agreed-upon date. The buyer failing to secure financing is one reason that a real estate deal could go south. What happens next?
Can total title fraud really happen to me?
Recent cases of title fraud in B.C. and Ontario has made this a top-of-mind issue for property owners across the country. Awareness is your best defence against these criminals and there are a few things we want you to know so that you can make yourself, and your property, less of a target.
What happens to your digital assets after your pass away?
What happens to your Facebook profile after you become incapacitated or pass away? What about your email account? The rest of your digital assets? In Ontario, there is no legislation dealing with this type of ownership, so you may wish to include digital asset transfer of ownership in your will. Your digital estate plan should include your passwords and your wishes for these accounts after you are no longer able to control them.
The sellers left the house a mess! What can I do?
“The seller didn’t sweep the hallway like they said they would!” “The seller left a bunch of garbage!” “There are so many holes in the walls!” You do your final walkthrough of the home 2 weeks before closing. You realize that the home is in disarray, but the seller...
The changing real estate market in Durham Region
There’s never a perfect market. The more you know about the problems that can potentially arise, the better prepared you will be. At McMurter & Associates, we always recommend having a contingency plan in place given the unpredictability of this ever-changing market.
When Good Deals Go Bad
You are selling your home and the deal is set to close in 2 weeks. You get a dreaded call from your lawyer that the buyer will no longer buy your house. You have moving trucks arranged, and you’ve already entered into an Agreement of Purchase and Sale of your new house. What is going to happen next?
Our Offices
McMurter & Associates
114 Green Street
Whitby, ON L1N 4C8
Phone: 289-278-0934
Toll Free: 1-800-756-7138
Email: [email protected]
Fax: 905-666-2863
Whitby Office
114 Green Street
Whitby, ON L1N 4C8
Phone: 289-278-0934
Toll Free: 1-800-756-7138
Email: [email protected]
Fax: 905-666-2863
Whitby Office