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RECENT LEGAL ARTICLES
Mortgage Discharges in Ontario: What Homeowners Need to Know When Selling a Property
Selling a property involves more than transferring ownership to the buyer. If there is an existing mortgage registered against the property, that mortgage must also be properly addressed as part of the transaction. For many homeowners, their mortgage represents one of the largest amounts of money involved in the sale. It is therefore important to…
Fixtures vs. Chattels in Ontario Real Estate
When buying or selling a home in Ontario, questions can arise about which items stay with the property, and which items the seller is entitled to take. Understanding the difference between fixtures and chattels, and clearly addressing included and excluded items in the Agreement of Purchase and Sale, can help avoid disputes before closing. What…
What is the Requisition Date in an Ontario Real Estate Transaction?
When reviewing an Agreement of Purchase and Sale for a property in Ontario, buyers and sellers may come across a date referred to as the requisition date or title search date. Unlike the closing date, the purpose of the requisition date may not be immediately obvious to someone buying or selling a property. However, it…
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Minhas Lawyers Professional Corporation is a multi-practice law firm based in Mississauga. We advise and represent clients across various segments and practice areas.
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