Real Estate Law

When people choose to buy a property, factors like the location, construction and appearance are not the only criteria to affect the purchase price.

Building a new home, or completing any major renovation project is likely to be one of the biggest financial commitments of your life, and is not something most of us can afford to get wrong.

If you wish to buy or transfer property in Ontario, it is important to be aware of the Land transfer tax (LTT). Barring a few exceptions, the Ontario Government applies the Land Transfer Tax for all properties purchased or transferred. The buyer pays this amount upon registration of the Transfer/Deed. On transfers of residential real property in Ontario, Land Transfer Tax (LTT) is calculated on the purchase price.

Selling a house or property is usually not a simple process, and just because the unit is sold pursuant to an Agreement of Purchase and Sale does not necessarily mean that the deal will close. Situations can cause a deal to fall through forcing buyers to back out at the last minute.