Newsletter – Title Tips

With over 20 years of Real Estate experience and over ten thousand deals closed, we have come across most of the issues that come up in closing a Real Estate deal. To help our clients we publish a newsletter “Title Tips” to answer questions and keep closings smooth. Below are the most common questions and issues we find.

Disclaimer: The information provided on this website is not intended and should not be relied on as legal advice. Feel free to call John Zinati to discuss your particular situation today.

What Role Does a Real Estate Lawyer Play During a Home Sale?

If the time has come to hire a real estate lawyer when selling your house, understanding the role your lawyer plays in the process can help make for a smoother transaction.

A real estate lawyer specializes in the buying and selling of a house or property. From the initial Purchase Agreement to the closing date, both the buyer and seller need to follow certain legal stipulations to ensure their financial and physical assets are protected. Here’s how a real estate lawyer can help you:

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7 Interesting Facts to Know about Property Titles

A title transfer refers to legal changes to the ownership of a property. This can entail the sale of a property or adding or removing the name and rights of interested parties. The property title protects the owner from potential land scams or issues at the time of a sale.

Changes to titles require proper identification documentation, banking confirmation, insurance, and other legal paperwork. The important things to know about title ownership are outlined in this article.

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5 Tips to Help You Sell Your House Faster in a Buyer’s Market in Toronto

Selling your house? There’s been a lot of changes in the Toronto housing market recently. Rising mortgage rates may be playing a part in turning the once hot seller’s market into a buyer’s market. This means the demand for houses has decreased and there are more sellers now than there are buyers.

What does this mean for you? Well, the basics for how to sell your home haven’t changed, just the prospects have. Even in a buyer’s market, you can still sell your home fast…you just need the right tools.

Read our tips below to help you prepare your house and your mindset before entering the buyer’s market.

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Tips for Home Sellers in a Buyer’s Market

As most areas in Ontario are on a real estate rollercoaster, particularly the GTA, it is important to understand the process of selling a home in a buyer’s market.

A buyer’s market refers to when there are more homes for sale than there are interested parties to buy. With this situation of supply being greater than demand, the market can see prices drop in favour of the buyer.

Keep reading to see how being a seller in a buyer’s market doesn’t have to be as concerning as it may appear.

We also highly recommend that you contact a reputable real estate lawyer for mortgage refinance advice!

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6 Reasons Why Your Mortgage Refinance Might Get Denied

Denied! It’s one of the words in the English language that can easily launch emotions of sadness, anger, embarrassment, and hopelessness in a split second.

But being denied for a mortgage refinance loan is not the end of the world, although it may feel like it is. Underwriters of financial institutions follow specific guidelines and regulations when deciding on a mortgage refinance application.

While the reason behind the decision may be obvious, there may be unknown issues that can continue to keep you from being successful. Below, we will look at the top 6 reasons why a mortgage refinance application might be denied.

We also highly recommend that you contact a reputable real estate lawyer for mortgage refinance advice!

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4 Common Problems That Could Occur During a Real Estate Transaction

With all the excitement of purchasing a home, it’s easy to overlook some of the important details within the transaction. That’s why a residential real estate lawyer in Toronto should be consulted when drafting the Agreement of Purchase and Sale. As it becomes a legally binding document once both parties have signed, it is crucial to ensure the details are clear and concise.

In addition, a real estate lawyer in Toronto can help you decipher the legal implications of when a real estate transaction goes wrong.

Below, we will now look at four common problems to be aware of with a real estate transaction.

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Why Do You Need a Real Estate Lawyer to Review the Purchase Agreement?

Protecting your legal rights when purchasing a home begins with an Agreement of Purchase and Sale. 

The Agreement of Purchase and Sale is a written legal document between the buyer and the seller of a property. It is established to protect the rights of both parties. It contains details such as the offer and closing dates, legal names of both parties, offer price and deposit amount, chattels and fixtures, and other conditions relating to the sale of the property. 

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How Can a Real Estate Lawyer Help Protect Your Investment?

The real estate market can be tricky to negotiate, even for the most veteran property seekers. A real estate lawyer in Toronto should be your first call, particularly when it comes to prepayment for a pre-constructed home.

Recently, John Zinati was featured in a CBC News article focused on two failed townhouse projects that are predicted to cost the homebuyers close to $150K in unprotected deposits. In the article, John warns potential homebuyers to protect their investment by following a few key guidelines. Below, we go over some of his tips.

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New Home Contract – 2022


I hope you are well. 

As of May 17, 2022,all Assignments will be subject to HST and extra care is required when drafting Assignment Agreements.I am pleased to enclose our latest issue of Title Tips which goes over what you need to know about this. I hope you find this helpful. If so, I would ask that you forward this to other Agents and Brokers or anyone who you think may find it of interest. Thank you!

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Types of Real Estate Fraud in Toronto and How to Prevent Them

Real estate fraud in Canada is on the rise, particularly with mortgage payments being deferred in recent years due to the economy. Real estate lawyers in Toronto have been helping Canadians deal with the surge of fraudsters now more than ever. 

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Actions to Take between Offer Acceptance and House Closing

Buying a new home is definitely an exciting venture. It’s a new chapter in your life that’s worth celebrating. Whether you’re moving to be closer to family and friends or to start a new job, the process of buying a home can be arduous and involves numerous logistical and clerical steps that need to be followed to make it official. If you’re moving out on your own for the first time or simply lack real estate experience, then you need to hire a house closing lawyer in Toronto who can help you navigate the ins and outs of the process. 

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What Can a Property Seller Do if the Buyer Fails to Close on Time?

Buying and selling a property involves many different moving parts that must align in order for the transaction to go through. Unfortunately, things don’t always go exactly as planned, but that’s why every sales transaction includes a purchase agreement to fall back on. Closing dates are part of the purchase agreement and must be agreed upon in writing by both the buyer and the seller. But what happens if the buyer defaults on the closing date? According to a top closing lawyer in Toronto, there are a few different options to consider. 

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What Documents are Required for Mortgage Refinancing in Toronto?

Mortgage refinancing is a long and arduous process that requires attention to detail. Certain legal documents and parameters need to be taken care of in order for this endeavour to be executed correctly and with minimal financial risk. 

There are many different reasons why property owners might choose to refinance their mortgage from debt consolidation to cashing in on your home’s equity. Whatever your reasons are, there are a few important things you should know to prepare in advance. 

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When Is the Best Time to Sell Your Property in 2022?

Believe it or not, there is actually an ideal time of year to enter into the real estate market. Although things seem to be in a constant state of flux given the current housing market, there is an end in sight. Prospective home buyers and sellers will be able to breathe a sigh of relief hopefully in the coming months. If you’re wondering when the right time is to sell your home, then hang tight. In this article, you’ll find expert advice from an experienced real estate lawyer in Toronto. 

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Key Points to Know if You’re Buying a Home in 2022 

Over the course of the pandemic, purchasing residential real estate has become a rat race of sorts. With the majority of the workforce working from home, the competition for better quality real estate has become fierce. Naturally, the increased demand has driven up the prices. Homebuyers are facing a lot of unique challenges in the current red-hot real estate market. Working with an experienced home buying lawyer in Toronto can help you overcome some of those challenges. But first, here are a few important things you should know if you’re planning on buying a home in 2022.

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5 Critical Challenges to the Ontario Real Estate Landscape in 2022

Throughout the pandemic—particularly during the past year—the Ontario housing market experienced a massive economic boom that tipped the scale in favour of sellers. This left a lot of buyers and renters in the dark. Financial experts and residential real estate lawyers in Toronto predict that the housing market will eventually balance itself out and the housing bubble will pop. But the situation will continue to get worse before it gets better. Here are some of the top challenges that even the best real estate lawyers in Toronto are currently facing along with possible solutions. 

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Good Luck In 2022!

Barristers & Solicitors
John Zinati, B.A., L.L.B.
100 Cowdray Court, Suite 320,
Toronto, Ontario,
Canada M1S 5C8
Tel: 416 321 8766                    
Fax: 416 321 8267
Conveniently at  Kennedy Road near the 401  & @ Cityplace near Skydome Real Estate Lawyers

Good Luck In 2022!

And remember not to schedule closings on the following Holidays:

*February 21 – Family Day (Monday) 
*April 15 – Good Friday
*April 18 – Easter Monday
*May 23 -Victoria Day-Monday
*July 1 – Canada Day -Friday 
*August 1 – Civic Holiday (Monday)
*September 5 – Labour Day (Monday)
**NEW** *September 30 – National Day for Truth and Reconciliation (Friday)
*October 10 – Thanksgiving (Monday)
*November 11- Remembrance Day (Friday)
*December 26 & 27
Christmas Day (25th) is on the weekend so holidays are the following Boxing Day Monday and Tuesday
(Monday & Tuesday)  
*January 1,’23 – New Year’s Day (Monday)
News Years Day is on Sunday so the holiday will be on Monday

Please also remember to avoid midmonth and month-end closings if you can, especially during the busy summer months.

We offer Fixed Closing Costs including all Fees, Disbursements, and Title Insurance protection. Please call John Zinati @ 416- 321- 8766 for details. For future reminders watch for our newsletter Title Tips.