Tag: Homebuyer

Separation and Real Estate

“I just separated from my spouse, how do we deal with our home?” As real estate counsel, we are often contacted immediately after parties decide to separate.  However, there are many moving parts to a separation, and the division of...

By Margaret E. Hawkins of Merovitz Potechin LLP on Monday April 17, 2023.

Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act

Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act On January 1, 2023, the federal government implemented the Prohibition on the Purchase of Residential Property by Non-Canadians Act and regulations (together, the “Act”) barring non-Canadians from...

By Nathan Serratore of Merovitz Potechin LLP on Tuesday April 11, 2023.

Buying and Selling a Home

Buying or selling a home are big steps in your personal and financial life. You may have questions regarding the steps involved when buying or selling a home and in what order to complete certain items. The following checklists are...

By Noah Potechin (Of Counsel) of Merovitz Potechin LLP on Wednesday June 1, 2022.

Assignment of New Home Agreements

The 2022 Federal Budget was tabled on April 7, 2022 (the “Budget”). Given the growing demand for new homes, it comes as little surprise that the government has proposed various new rules aimed at addressing affordability in the real estate...

By Frank Bourgault of Merovitz Potechin LLP on Thursday April 28, 2022.

A homebuyer’s guide to home inspection reports

Congratulations! You have just purchased a property and it is conditional on inspection by a home inspector. What happens when you receive your home inspection report and there are one… two… ten… fifty things wrong with the property? What do you do? ...

By Noah Potechin (Of Counsel) of Merovitz Potechin LLP on Monday April 25, 2022.

Agreement of Purchase and Sale: Put it in writing.

You have decided to purchase or sell your home. The next step is to enter into an agreement of purchase and sale. It is important that the agreement be set out in writing, as per the Statue of Frauds. The...

By Noah Potechin (Of Counsel) of Merovitz Potechin LLP on Monday February 8, 2021.