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Real Estate

Title insurance and recreational properties: What you need to know

real-estate

Recreational properties present a unique set of challenges. Here are some issues to keep in mind when obtaining title insurance policies for your clients’ purchases of recreational properties, to help ensure your clients’ interests are protected. Legal description: If the property was created years ago, the thumbnail description on the PIN may be brief, for… Read More »

Categories: Real Estate

Working Group on Lawyers and Real Estate’s documents for the purchase of a condominium

real-estate

The Working Group on Lawyers and Real Estate has established a sub-committee to consider the work undertaken in the purchase of a condominium. The Subcommittee is working on various documents to assist real estate lawyers and their purchasers in a resale condominium transaction and intend to consult with and obtain a broad range of comments… Read More »

Categories: 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
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