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Aug 11, 2024 · A real estate title transfer in Ontario involves legally changing the ownership of a property from one party to another. This process must be overseen by a real estate lawyer.
Property title transfer can only be performed by a lawyer in Ontario. With 1000+ completed transactions, we at De Krupe Law do it quickly and effectively
- 20 De Boers Drive, Suite 300, Toronto, M3J 0H1
- (416) 901-9344
Can a real estate lawyer assist with the title transfer process in Ontario? Yes, our team is essential for ensuring a legally sound title transfer. We review and draft necessary documents, conduct title searches, and facilitate the transfer itself.
- Steps in Title Transfer
- Title Transfer in Separation & Divorce Circumstances
- Transfers Between Spouses
- Transfers Amongst Trustees & Nominees
- Survivorship Applications
- How We Can Help
In general circumstances of title transfer, a homeowner can add another family member, remove a family member, or get new unrelated persons on the title. The steps in title transfer will include: 1. Complete all the required documents (with client signatures as and where needed) and gather the supporting documents 2. Review the filled-up forms as t...
Your Real Estate Lawyer prepares the necessary documentation once all the required documents have been received. In cases of common law breakup and matrimonial circumstances, a separation agreement or court order will be required. The separation agreement or court order will be needed where the present owners are married to each other or are common...
Any land transfer amongst former spouses is subject to land transfer tax in the absence of specific exemptions. Any transfer where both spouses are living together is exempt if it is done out of love and affection.
Land transfer tax can be saved if the trustees transfer the land to the beneficiaries. There are certain transactions where there is no consideration for the land transactions which has taken place: 1. Transfer to the trustee from the beneficial owner: If a party wishes to create a beneficial owner-nominee relationship with a legal title transfer t...
Right of survivorship in Ontario is a legal principle as per which the surviving partner or spouse becomes the sole owner of the house upon the death of the other partner, where both were joint owners of the home. This principle is applicable in joint tenancy cases as well. So, if one joint tenant dies, the surviving joint tenant becomes the sole o...
At Nanda & Associate Lawyers, our experienced Real Estate lawyers understand your specific circumstances and provide tailored and customized solutions for each of them. Our Mississauga Real Estate Lawyersare available for a consultation. Come and experience the quality legal counsel and personalized care we give to each client. We ensure prompt com...
Transfer of title happens when a person is added or removed from the property ownership or title by the owner of the property. Many documents are needed in the transfer of title process, such as ownership documents, property tax bills, bank confirmation, property insurance, and much more.
Our experienced real estate lawyer can help you with your title transfer, whether adding a name to the house title or removing your name from the property title. We can also help you with survivorship applications and probate orders if necessary to transfer a property.
People also ask
What is a property title transfer in Ontario?
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What is a real estate title transfer?
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What is title ownership in Ontario?
A transfer of title is a process in which a person is added or removed from the property ownership or title by the owner. In Ontario, title transfers are completed by lawyers.