We are often asked “What is a role of a lawyer while buying a home?” or "Do we need a real estate lawyer for completing the closing of our sale?" The first thing to know is that these are great questions. Why? Because this shows that the buyer or seller is aware that lawyers [...]
Whether you’re a first-time buyer or you’re looking to upgrade, a home inspection is a crucial part of doing your due diligence in a real estate purchase. Buying a home is the most expensive thing that many people will commit to, and having the assurance that you’re investing in something without having to worry about [...]
By now, you’ve probably heard about the changes to Canada’s mortgage rules that came into effect on January 1, 2018. Due to the new qualification requirements these changes bring, they will have a significant impact on some people’s ability to afford and buy a home. Because many of Juriscorp’s clients are homebuyers looking for legal [...]
Buying a condo is a lot different than buying a house. Because you are buying part of a shared property, there are more rules and regulations that apply to condo owners than traditional homeowners. For this reason, even those who have experience in home buying may not fully understand the various legalities involved in purchasing [...]
A Rent to Own agreement is a lease combined with the exclusive option to purchase the property after a certain amount of time. These agreements allow the renter/buyer to save up for a larger down payment over time and/or clean up past credit problems before purchasing. […]
What Does it Mean to be a Co-Signer on a Mortgage? It is a well-known fact that children nowadays continue living with their parents longer and longer. While there are substantial benefits to residing with parents, eventually, grown children need to grow up, move out, and finally live on their own. With student debt crippling [...]
Buying and Selling Homes: Why Lawyers are Involved Buying a house is one of the biggest financial transactions an individual will be a part of. Houses are expensive—to purchase, build, or renovate. When the time comes to sign your name on the line and get your keys, you want to make sure nothing was overlooked. [...]
The Pitfalls of DIY Wills: Common Mistakes Individuals Make Wills are a crucial component for planning ahead for yourself and your family. As a legal document, a will explicitly states what should happen to your worldly assets upon your passing according to your wishes. The risk of not having a will can be potentially disastrous [...]
