Posts by Vlado Hajtol
Should I waive my right to a home inspection?
Should I wave my right to a home inspection? Vlado Hajtol Partner – Solicitor We placed an offer on a house, which was accepted by the sellers. The agreement is conditional upon a satisfactory home inspection. The house was built only a few years ago and we are considering waiving our right to a home…
Read MoreMy Mother was recently diagnosed with dementia, what should we do with regards to her will and powers of attorney?
My elderly mother was diagnosed with dementia a few months ago. She is rapidly deteriorating. She does not have signed powers of attorney documents. I have three other siblings. We need to sell her house and get access to her finances to pay her bills. What do we have to do? Lawyer under power of…
Read MoreJoint Tenancy v Tenancy in Common
We are buying our first home. The bank insists that we add my father as a co-owner of the home in order to qualify for the mortgage amount we need. The entire down payment is coming from our savings and we will be making all the mortgage payments. I would rather not include my father…
Read MoreWills: How are they validated? Can I hand write my own?
I made my own hand-written will few years ago. I believe it’s valid and truly reflects my wishes, however my financial advisor told me I should get a proper will drafted by a Lawyer. Why should I do that? Wills are legal documents that will dictate the distribution of assets after one’s passing and there…
Read MoreUnderstanding the Ontario Land Transfer Tax
I want to transfer my house to my son. Do we have to pay Land Transfer Tax on such a transfer? As long as there is no consideration passing between you and your son, and the transfer is a gift to your son, there is no Land Transfer Tax payable. What is Land Transfer Tax? Land Transfer Tax…
Read MoreDo you need a Will?
We have been married for the last 25 years but don’t have any children. Do we need a will, or would everything just go to the surviving spouse anyway? Yes, you do need a will. Whenever you don’t have any children, under the statutory distribution scheme for individuals that die without a will, your spouse…
Read Morepower of attorney for Property
Do I need a power of attorney for someone to manage my assets if I am unable? In most cases, people should have a power of attorney as part of their estate plan. A power of attorney for Property allows you to appoint someone to act on your behalf with regards to your assets in…
Read MoreTitle Insurance and Protecting Your Real Estate Investment
I am purchasing a new home. I heard from my real estate agent that I would have to get title insurance. Is this necessary? Title insurance has been around for the last 15 years and is used in almost all residential real estate purchases, especially those involving mortgages. What is title insurance and how much does it cost?…
Read MoreWhat is a condominium status certificate and why would you need one?
BY: VLADO HAJTOL This week’s Reader asks: My husband and I are home owners and we are thinking about downsizing to a condominium. Our real estate agent has told us we have to order a status certificate for the condo and get it reviewed by a Lawyer. What is a status certificate and why do…
Read MoreSlovak Lawyer in Canada / Slovenský Právnik v Kanade
BY: VLADO HAJTOL I was born and raised in Slovakia and I am a native Slovak speaker. If you live in Slovakia and are in need of legal services in Canada, such as estate assistance, real-estate purchases or sales, or business law in Canada, I would be more than happy to assist you. Also, if…
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