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Commonly Asked Questions about Property Deed Transfers

To take possession of a property, a Transfer of Title must happen first. This is a formal legal exchange of ownership of a home from one person to another. In Ontario, this must be completed by a lawyer to ensure you are protected from future claims on the home and that all financial and legal obligations are laid out.
Upon request, copies of the deed, mortgages, transfers and liens can be obtained by conducting an Ontario Registered Document search. Upon request, any outstanding judgments on the registered owners as they appear on the Parcel Register can be obtained by ordering a Writ of Execution.
Legal fees for transferring property ownership Title Transfer lawyer fees $630 + HST with no mortgage and our Real Estate Lawyer fees for a title transfer with a mortgage is $999 + Tax. Please remember, if we do not have work on mortgage documentation, then Property title transfer in Ontario costs $630 + HST.
Gifting property to adult family members Write a cheque or transfer cash directly; Transfer securities to a family members investment account; Purchase or transfer real estate with the help of a lawyer; Settle a trust with your designated family members as the beneficiaries; and.
To initiate the transfer, youll need to complete the Property Transfer Tax form. This form requires information about the property, the buyer, and the seller. Make sure to double-check all details for accuracy. Property Transfer Tax is a crucial aspect of transferring property title in BC.
In Ontario, title transfers can only be completed by a lawyer. This ensures the change of ownership is documented accurately, and keeps you, the buyer, from being burdened with the details and complexities of the title transfer process.
Transferring title after the purchase of a new home or death of a spouse requires the expertise of a legal professional. A legal professional can investigate the current status of the title to determine the required documentation and then file on your behalf through the LTSAs secure electronic filing system.
In Ontario, property titles are registered with the Land Registry Office. To add or remove a name from the title, you must file an application for title transfer with the Land Registry Office in the county or district where the property is located.