Purchasing a property, whether it is a condominium unit or house, from a reseller or a new builder, is an important investment. There are several factors to consider when purchasing a property that a lawyer can guide you through and bring to your attention during the purchasing process, such as the following:

• Does the property comply with all by-laws? For example, is the fence height legal? Is the parking area allowed by zoning? How will any easements and rights of way effect or limit my use of property?
• Are there any special zoning or other rules or restrictions that apply to this property? For example, is it in a heritage district? Can you put in a clothesline? Is an above-ground swimming pool allowed? Is the sump pump discharging according to local regulations?
• Is the current owner leaving behind the appliances? The garden shed? The lighting fixtures? The curtains and blinds? Does the owner need to fix anything before the sale closes?
• Can you rent out the basement? Can you have a tenant?
• What does the condo’s status certificate tell you to expect? (if applicable)
• What do the mortgage papers from the bank mean? Can you pay off, refinance, to sell early without paying a penalty? Will your interest rate change? When?
• What does it mean to be “tenants in common” or “joint tenants” when you are purchasing the property with someone else?
• Is the title free and clear? Is the survey acceptable? Should you get title insurance?
• What costs should you expect (for example, adjustments, land transfer taxes, mortgage, property taxes, CMHC insurance, lawyer fees and disbursements)?

Please be advised, we will be notifying the tax department of the ownership change, however it is your responsibility to notify the following regarding the change of ownership:  

• Water
• Hydro
• Gas
• Notice of Security for any rental equipment (if applicable)
• Condo Corporation/ Property Management (if applicable)

If you require any contact information for the above companies, please let us know. We understand that these steps can be daunting, so please do not hesitate to contact us with any questions or inquiries as we are more than happy to assist you. If you would like more information, please visit to our Resources where you can access helpful information