MAKI LAW
Condo Purchase
Understand the legal side of buying a condominium. Maki Law assists with agreement review, condominium documentation, financing, and closing.
Review the unit and the corporation
Buying a condominium involves more than the unit itself. The condominium corporation’s documents may contain information about finances, common expenses, rules, insurance, and other matters relevant to your purchase.
Ask about reviewing the status certificate and supporting documents before the applicable condition or deadline expires.
Reviewing a resale condo purchase
A condominium purchase involves the unit and the shared legal structure. We connect the agreement, corporation records, title interests, insurance questions, and lender requirements relevant to your plans.
Pre-construction condo agreements
Disclosure documents, deposits, changes, interim occupancy, final closing, and assignment restrictions deserve separate attention. We explain the agreement and help you prepare for a transaction that can unfold over an extended period.
Assignment of a pre-construction purchase
An assignment transfers contractual purchase rights and obligations before final ownership closing. Builder consent, fees, restrictions, financing, and tax treatment can affect the arrangement.
Provide the original builder agreement and proposed assignment terms before committing to a transfer. We discuss the legal requirements and any tax or financing input needed. Read about pre-construction transactions.
Understanding the status certificate
The package can address corporation finances, rules, insurance, assessments, and legal proceedings. We explain the documents and identify questions to consider before the relevant purchase condition expires.
Condo mortgage and financing review
Lender requirements can involve the unit, corporation records, insurance, and ownership arrangements. We coordinate legal instructions, signing, and registration while you resolve the lender’s commercial terms with the appropriate advisor.
HST and rebate-related review
The contract’s tax assumptions should be considered against the current rules and your intended use. We discuss the legal documents and where tax advice or application assistance is required.
Speak with Maki Law
Tell us about your property, transaction type, and expected closing date. We will explain the next steps and confirm whether we can assist.
136A Avenue Rd, Toronto, Ontario M5R 2H6
416-991-4775 · contact@maki.law
MAKI LAW
Address
136A Avenue Rd
Toronto, Ontario M5R 2H6
Contact
416-991-4775
Fax: 416-981-3420
contact@maki.law
Service Areas
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General information only. Contact our office for advice about your circumstances.