Residential Property

Purchase and Sale of Residential Properties for Personal Use

Residential Property For Sale - Real Estate Law in TorontoIt is one of the crowning  jewels of democratic nations such as Canada that every person can own property. It isn’t all that long ago, historically speaking, that this was a remarkable development. At the same time there are pitfalls to be avoided and best practices required in order to assure that what for many clients is their purchase of a lifetime, is free from worry and especially, free from unwanted surprises.

To assure his clients a safe and secure purchase of property for personal or recreational use, Howard Nightingale will:

  • Review the agreement of purchase and sale; help client with its execution, when Investigate the title, check the description, and make requisitions on title
  • Advise on the applicability of HST legislation
  • Search for executions
  • Review the transfer
  • Calculate and ensure payment of the Ontario and/or Toronto land transfer tax
  • Review the statement of adjustments and examine the survey, if available
  • Advise the client about road access, shore road allowance, septic issues, water potability and well issues for rural recreational properties
  • Attend on the execution of documents
  • Attend on the closing
  • Give opinion on the title

Some people think that they only need protection when they purchase real estate. Unfortunately, this is simply not correct. Clients selling personal real estate, be it residential or recreational, need every bit as much legal protection as when they first purchased it.

In order to ensure that his clients are fully protected, and that the transaction is as ‘hassle-free’ as possible, Howard Nightingale will:

  • Review the agreement of purchase and sale
  • Prepare the transfer
  • Answer the requisitions on title
  • Prepare and advise on the statement of adjustments
  • Advise on the applicability of HST legislation
  • Attend on the execution of documentation
  • Attend to the closing and completing the sale

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