In Ontario, all real estate transactions are done through the electronic registration database, otherwise known as Teraview. Everything is done electronically: preparing deeds and mortgages, signing them, and registering them. So why do you have to sign so much paper when you are buying or selling a house? The main issue is being able to… Continue reading Going digital
Tag: real estate law
Choose wisely
Today, I thought I would blog about something that’s been taking over my life a bit lately: the busy summer season and choosing your closing date. It is traditional for real estate to be busy in the summer; people frequently go house hunting in the spring once the weather turns nice, and the deals close… Continue reading Choose wisely
Start digging
A few months ago, I blogged about how far up and down you own on your property. Today, I thought I would focus in on one of those: mining rights. In Ontario, whether you own the subsurface rights to your property depends on a lot of things. First, when the Crown first gave the land… Continue reading Start digging
Renting underground
I have a lot of clients who want to buy properties that have the possibility of renting out the basement for some extra income. There are several concerns that you should be aware of if you intend to do this. 1. Is the apartment legal? In Barrie, very few basement apartments are actually legal apartments.… Continue reading Renting underground
Abandonment
A client called me not long ago to let me know that the sellers of the home she had bought had left some items behind. Her question: did she have to arrange for the new owner to retrieve them? The general rule on items in the house is that chattels go unless they have been… Continue reading Abandonment