🧐In Toronto’s real estate market, several common legal issues can arise:

Hello everybody,

🧐In Toronto’s real estate market, several common legal issues can arise:

👉Title Defects: Issues such as liens, encumbrances, or disputes over property boundaries can complicate ownership. A thorough title search and title insurance can help mitigate these risks.

👉Misrepresentation and Non-Disclosure: Sellers sometimes fail to disclose property defects or misrepresent the property's condition. This can lead to disputes and potential litigation.

👉Zoning and Land Use: Misunderstanding or not complying with local zoning laws and property use restrictions In Toronto’s real estate market, several common legal issues can arise: can result in legal complications. It’s essential to verify that the property's intended use aligns with zoning regulations.

👉Condominium Issues: Buying a condo involves understanding the condominium corporation’s rules, by-laws, and financial health. Overlooking these aspects can lead to unexpected obligations and restrictions.

👉Breach of Contract: Disputes can arise if either party fails to fulfill the terms of the Agreement of Purchase and Sale. This can include issues like not meeting closing dates or failing to complete agreed-upon repairs.

👉Boundary Disputes: Conflicts over property lines with neighbors can lead to legal battles. Surveys and proper documentation can help prevent these issues.

👉Financing and Mortgage Issues: Misunderstandings or changes in financing terms can lead to potential breaches of contract or financial difficulties. A knowledgeable real estate lawyer can help navigate these complexities and protect your interests.

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