Why Do You Need a Real Estate Lawyer
Navigating the real estate market can be complex and fraught with legal pitfalls. A real estate lawyer is essential to ensure your transactions are legally sound and to protect your interests. At Simple Closings, we pride ourselves on our expertise in making these processes seamless and stress-free for our clients. Buying or selling property involves…
Toronto New Higher Property Tax: How to Navigate the Changes
As residents of Toronto, we all want to live in a vibrant and prosperous city. However, the recent news of the new higher property tax has caused concern among homeowners and investors alike. In this article, we will explore the implications of the tax increase and provide actionable steps to help you navigate the changes.…
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Canada’s Two-Year Ban on Foreign Home Buyers: Understanding the Implications and Consequences
Canada’s Two-Year Ban on Foreign Home Buyers: Understanding the Implications and Consequences Foreign investment in real estate has become a heated topic of debate in Canada, particularly in the context of the country’s housing market. The Canadian government has recently implemented a two-year ban on foreign home buyers, which has generated a significant amount of…
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What is an assignment sale?
We get this question quite often from both investors and end-users, as these types of transactions work differently than a normal real estate transaction. Generally speaking, an assignment is when, 1) a corporation is buying the “contract” from another corporation or 2) when an individual/corporation is buying the “contract” of a new-build from another person/corporation.…
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