TITLE TRANSFERS & CLEARANCE
Title Transfers & Clearance
Ownership and registered interests need careful attention when a property is transferred. We assess the legal requirements of your proposed transaction.
Review the existing title
Tell us about every registered owner, mortgage, lien, or other known interest. Provide documents supporting any proposed change in ownership.
Consider the wider implications
A transfer may involve lender consent, tax considerations, and other consequences. We identify the advice and documentation needed before proceeding.
Establish the ownership and the purpose
A transfer may arise from a sale, a change among co-owners, an estate, or a family arrangement. The reason for the transfer affects the information and documents needed.
Changes are not merely administrative
Ownership changes can affect tax, borrowing, liability, and estate planning. Explain the full arrangement and obtain advice on the relevant consequences before assuming an exemption or lender consent applies.
Identify interests that need attention
Registered mortgages, liens, easements, restrictions, and discrepancies may need investigation before a transfer proceeds. Some interests remain on title; others require payment, release, or another documented arrangement.
Authority to sign
Where a corporation, estate trustee, or attorney is involved, supporting authority must be reviewed. Send the relevant records at the outset.
Prepare and register the transfer
We address the legal documentation and registration steps within the agreed scope, coordinating lender requirements and other parties where relevant.
Keep the supporting records
Provide the current ownership information, proposed new owners, consideration, financing details, and purpose of the change. The review should occur before final documents are prepared or funds are committed.
Explain the proposed ownership change
A title transfer can have consequences beyond land registration. Identify family arrangements, estate planning, beneficial ownership, or tax assumptions before proceeding. We discuss the legal work and any need for separate tax, estate, or financing advice so the document matches the intended arrangement.
Documents to prepare
- Current title and intended ownership shares
- Reason for the transfer and any consideration
- Mortgage terms and lender-consent information
- Estate, corporate, or power-of-attorney documents where relevant
Let’s discuss your next step
Contact Maki Law for practical guidance on your property transaction or construction matter.
416-991-4775 · contact@maki.law
136A Avenue Rd, Toronto, Ontario M5R 2H6
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.