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Real Estate

Buying together doesn’t have to mean equal shares

real-estate

Statistics Canada reported, in the fall of 2012, that the number of Canadian households headed by unmarried couples is at an all-time high. As families change, so do views about property. Fewer Canadians now see marriage as a prerequisite to home ownership. But many aspects of property law reflect a time when marriage was more… Read More »

Categories: Real Estate

Requisition: A process, not just a letter

real-estate

By definition, a requisition is the act of formally requiring or calling upon someone to perform an action. However, one cannot demand performance without fully knowing what to request. Requisitions are not merely a means of communication between two parties but a process by which matters requiring attention, such as defects in title, are investigated… Read More »

Categories: Real Estate

Protect yourself with a Purchaser’s Waiver of Title Insurance

real-estate

In Ontario, Rule 2.02(10) of the LSUC Rules of Professional Conduct requires lawyers to discuss title insurance with their clients and advise the clients that title insurance is not mandatory. Clients can either choose to purchase a title insurance policy or to rely on the lawyer’s opinion on title. All too often, LawPRO sees claims… Read More »

Categories: Real Estate

Risk management resources on the new TitlePLUS website

real-estate

TitlePLUS has just launched a revamped website at www.titleplus.ca that includes new features and intuitive drop-down menus. There are also some great resources for real estate lawyers and their staff that will help reduce claims exposure, including sample retainer and reporting letters – two important risk management tools. The documents you can use and adapt… Read More »

Categories: Real Estate
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