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Title Status Certificate Review Lawyer

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Toronto Real Estate Lawyers Providing Experienced Title & Status Certificate Review Services

Review Of the Property’s Title

Purchasing a new residential or commercial property is an exciting venture. However, there are a number of issues to be mindful of in order to avoid costly issues down the road. A key step in purchasing any property is to complete a full due diligence review of the property’s title to ensure there are no encumbrances or other issues that may pose a problem in the future. In the case of a condominium purchase, a review of the status certificate will reveal any issues that could have a financial impact on new owners. Securing a lawyer with experience in knowing what to look for in advance of closing is crucial to resolving any issues prior to closing.

The real estate lawyers at GLG LLP have considerable experience in all aspects of real estate transactions, including litigation, should it become necessary. They understand what can go wrong with a property and the significant impact it can have on a purchaser, even several years closing.

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Real Estate Lawyers for Status Certificate and Title Reviews in Markham, York, Mississauga, and Etobicoke

GLG LLP provides first-rate legal skills on par with the biggest firms in Toronto, at more reasonable rates, and cultivates lasting relationships with clients. GLG LLP offers a small-firm client experience with large firm services, including a full due diligence review of your pending real estate transaction.

To schedule a consultation to discuss a residential real estate matter, fill out the online form or call 416-272-7557.

Title Searches & Review

When purchasing a new property, there are several potential issues to be aware of that can affect title to the property. The lawyers at GLG LLP will carefully review all documentation and conduct a number of searches to ensure that title is transferred free of encumbrances and correct any issues before closing. Examples of potential issues on title include:

  • Private mortgages
  • Certificates of pending litigation registered against the property
  • Any expired easements or restrictive covenants
  • Boundary issues
  • Director’s Orders
  • Liens

In addition, a new owner should be made aware of any legitimate encumbrances that will affect the property going forward, such as restrictive covenants as to the use of the property, zoning issues, or existing easements.

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Condominiums & Status Certificate Reviews

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