Not Every Lawyer is a Real Estate Lawyer
By: Jayson Schwarz LLM I participated as a guest speaker at a first time homebuyers seminar presented by Tarion (For those of you that either do not know, Tarion is…
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Inheriting Tenants – More Than You Bargained For
By: Jayson Schwarz LLM Usually a home or property inspector can give you a good idea of the condition of the real estate you are buying. Unfortunately, the one thing an…
Construction Liens: A Primer
Commercial Real Estate, General Information, General, Personal Injury and Vehicle Litigation, Resale Homes
By: Jayson Schwarz LLM and Konstantine Chatzidimos If you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is,…
Negotiating a Commercial Agreement – Do I Need a Lawyer?
By: Jayson Schwarz LLM and Konstantine Chatzidimos Anyone who has purchased an existing business can appreciate the financial risks associated with such a venture: start-up outlays of capital can…
How to Work with Your Lawyer
By:Jayson Schwarz This is so complicated I hope he helps The new condominium agreement of purchase and sale (the “Offer”) is an intimidating document that requires the expertise of an…
The Condo Docs: Bylaws, Ins., Man. Agr., Rules, Status Certif.
By: Jayson Schwarz LLM What follows is a quick overview of the balance of the condominium documents contained in the disclosure material. I hope it gives you enough guidance to…
Mortgage Caps and When I need a Lawyer
By: Jayson Schwarz LLM In this article I thought I would start by answering a question posed by one of our readers. The question relates to the issue of mortgages…
Financing and The Hidden Tricks
By: Jayson Schwarz LLM I cannot believe how certain builders (“Vendors”) are trying to take advantage of new homebuyers on the issue of mortgages. There is an attempt to squeeze…
Final Inspection
By Jayson Schwarz LLM Today we are going to address a small but incredibly important part of the process of buying that new home, the “Pre Closing or Pre Delivery…
How to Buy a Condominium
By: Jayson Schwarz LLM This may be my shortest article yet. This is my version of the answers to a lot of questions on HOW TO . . . The…
Condominium Documents – The Big Book
By: Jayson Schwarz LLM When you finally make that offer, on paper, for that beautiful new condominium, the sales agent will hand you either a book, often bound, or a…
Can I Refuse to Close my Newly Constructed Home?
By: Jayson Schwarz As the Purchaser of a brand new home pre-construction you have the opportunity in most cases to choose the elevation, the lot and the various specifications and …
What Your Lawyer Does and What it should Cost
By: Jayson Schwarz LLM As a first time homebuyer hiring a lawyer for your real estate deal is probably the first time most of you will have had contact with…
Does Anyone Wear a Black Hat in the Residential Building Process
By: Jayson Schwarz LLM I like to think not. I have many people worried and asking whether the Builder is going to take advantage of them; whether their home will…
Getting Your House in Order
General Information, New or Pre Construction Condos, New or Pre Construction Freehold Homes, Resale Homes
By: Jayson Schwarz LLM Whether you are a young couple or individual purchasing your new home for the very first time, a resale buyer moving in the market or an…
Closing Costs: Who gets Them? Who Pays Them?
Cottage Property, New or Pre Construction Condos, New or Pre Construction Freehold Homes, Resale Homes
By: Jayson Schwarz LLM At the closing of a residential real estate transaction there are usually three groups who get paid: the vendor/builder, various governments, and the lawyer. Each group…
How does it Work on Closing?
Cottage Property, New or Pre Construction Condos, New or Pre Construction Freehold Homes, Resale Homes
By: Jayson Schwarz LLM Lawyers have a tendency to forget that people do not know what to expect as they move closer to their closing so I hope this helps.…
Substitution and Delay
By: Jayson Schwarz LLM Substitutions Many of your protections relating to substitutions of materials only apply if you abide by the terms of your Agreement of Purchase and Sale. In…
A Pre-Construction Offer Checklist
By: Jayson Schwarz LLM I hope the information and checklist provided hereafter will help you when you review your Agreement of Purchase and Sale and provide some general information. I…
What is a Transfer and Partial Discharges and Undertakings
By: Jayson Schwarz LLM First of all I would like to simply explain for those of you unfamiliar with the terms the way the process of real estate title works.…