Posted in Selling a Home in Ontario | McMurter & Associates

The short answer: A lien is a financial claim on a property that secures a debt, such as a mortgage, unpaid taxes, or an unpaid contractor. An encumbrance is any legal limit on a property, including liens, easements, and restrictive covenants. In Ontario, sellers typically pay off liens from the ...

The short answer: Yes, you can sign your real estate documents remotely in Ontario with an online connection that includes video and a compatible program. At McMurter & Associates in Whitby, clients choose remote or in-person appointments, but a local lawyer adds Durham Region expertise and a...

The short answer: A power of sale is a sale by a lender after a homeowner defaults on mortgage payments, using a right granted in the mortgage. In Ontario, buyers can purchase these properties, but they are sold "as is" at fair market value, not necessarily at a bargain, so have a real estate lawye...

The short answer: A chattel is a movable piece of personal property that isn't permanently attached to a home, such as furniture or appliances, and it only stays if the Agreement of Purchase and Sale says so. A fixture is an item attached to the home or land, such as light fixtures, and generally ...

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 ...