Posted in Purchasing A Home

Owning real estate with an investment partner is a popular choice among real estate investors, but this strategy comes with its own set of challenges. While there are many advantages to sharing ownership of properties with a partner, clear communication in agreements is the true key to success.
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When purchasing property in Ontario, buyers need to be aware of the land transfer tax, a significant cost that can add thousands to your purchase price.What is land transfer tax?In Ontario, the land transfer tax is a fee you pay to the provincial government when you acquire real estate. It’s ca...

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.It is no secret that our team at McMurter & Associates are strong believers in c...

In a real estate lawyer’s perfect world, sellers would have a title search done for their property before the listing goes live. But life isn’t perfect, and this isn’t usually the case. A title search is usually conducted just before the close of the property.Simply put, “title” refers ...

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.According to Advocacy Centre for Tenants Ontario, 30% of Ontario’s ...