Mortgage refinancing involves creating a new mortgage loan by modifying your existing terms. Many homeowners seek to refinance their mortgage as a way to help lower their current interest rates or reduce monthly payments. While refinancing your mortgage may be an exciting prospect, it can be a fairly complex transaction and you are likely to
A mortgage renewal occurs when your current term ends and you sign on for a new term. For this process, it is not always necessary to work with a lawyer in regards to a standard renewal (usually done with the same financial institution or lender). However, there may be cases where you need to increase
If you are putting your matrimonial home up for sale, consent is required from both spouses. Under Ontario provincial family law, parties who are legally married have an equal right to take ownership of the home. In this case, it does not matter who holds the formal legal title to the property, the matrimonial home
When you are searching for a home, it is important to consider the lifestyle and conveniences you need. Single-family homes provide a certain level of privacy and independence, while condominiums may offer more freedom and convenience. If you choose to go with the latter option, be aware that there are fundamental differences between a condominium
An Agreement of Purchase and Sale is the most important document in any real estate transaction. It is a written contract between the buyer and seller regarding a particular property. A real estate transaction typically involves parties that have different interests and there are several aspects of this deal that may be negotiable. Therefore, prior
A home is one of the most significant investments a person will make over their lifetime. While everyone hopes for a straightforward experience when it comes to buying or selling property, the process often involves making quick decisions and back-and-forth negotiations, which can take its toll on both parties. With so much of your money
If you are going through a divorce or separation from your spouse or common-law partner, there will be many details that must be resolved before both parties can move on from the relationship. Fortunately, there are other alternatives available to address your legal issues that don’t involve going to court. An out of court settlement,
The Estate Administration Tax (also known as probate tax/fees), is a fee charged by the Ontario government based on the total value of the property in the estate of a deceased. Payment of the Estate administration Tax is mandatory in order to obtain a Probate from the Court (giving the executor the authority to act
The short answer: Yes. Refinancing your mortgage is one of the best and most effective ways to save money. If you are considering refinancing or increasing your mortgage, you will need to consult a lawyer. While there are several financial institutions that offer refinancing services, a competent real estate lawyer will take all the necessary
For all real estate inquiries, including sending us your Agreement of Purchase and Sale, please e-mail : realestate@simards.ca
T: 1 613 446 5060
F: 1 613 446 6475
Simard & Associates
Barristers & Solicitors
1417 Laurier Street Box 449,
Rockland, Ontario, Canada
K4K 1K5
