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Key Takeaways Commercial property closing costs are one of the most important property closing costs that buyers and sellers should expect. By understanding these costs upfront, you’ll be able to prevent financial surprises and ensure that your transactions run much more smoothly. Closing costs can consist of flat fees, value-based costs as well as other… Continue reading Commercial Property Closing Costs

What is a Will Definition of a Will A will is a cornerstone legal document that directs how you’d like all your assets distributed at the time of your death. Even in the rest of Canada, the customary practice is to write a standard will with no witnesses required. This simple document serves as your… Continue reading What you need to make a will

Life has a tendency to throw in curve balls, right? Imagine you are ready to close on your dream home, but then the seller walks away. This is total chaos! A seller refusing to close can seriously derail your plans. So what’s a buyer to do? It’s a sticky situation, but one with solutions. Buyers… Continue reading What happens if a seller refuses to close

Did you know that more than 60% of Ontario homes are held in joint ownership? Learning about the various types of property ownership, like joint tenancy and tenancy in common, will put you in a position to make smart decisions. Get the full breakdown on sole ownership and land trusts so you can make the… Continue reading Types of Home Ownership

Overview Of Security Deposit Regulations In Canada In Canada, the rules about security deposits are different in each province. Every province has its own set of rules. Here are some important points to think about: General Principles Purpose: A security deposit is cash you give to landlords. It acts as a backup for them if… Continue reading Knowing the Rules for Security Deposits in Canada