The term ‘title’, in real estate, is used to describe someone’s right of ownership to land. Title fraud is when the title of someone’s home is stolen or a scammer has borrowed money using someone else’s property as collateral.
New Anti-Flipping Rules
As of January 1, 2023, new legislation came into effect that may impact you. If you have purchased a property you are now looking to sell within the last 12 months, you may be impacted by this new legislation. To ensure you are aware of what your obligations are, we are recommending that you seek advice on your upcoming transaction from a professional accredited accountant.
Thinking about being a Landlord?
What can happen when a home buyer defaults on their offer
We have heard countless horror stories of home buyers backing out of a purchase after the Agreement of Purchase & Sale has been signed. With the real estate market in its current state, this could be due to any number of reasons. The Ontario courts are now creating precedents and making examples of those who unable to fulfill their end of the contact