Altmid Roll & Associates offers a comprehensive range of legal services for real estate transactions for residential properties and commercial properties throughout the greater Toronto area.
Please refer to our Articles section for information regarding certain Real Estate Law topics.
Residential Real Estate – Buying, Selling and Refinancing
We recognize that moving can be exciting but can also be a very stressful and busy time for our clients. We consider it our responsibility to ensure that your move or your financing transaction is completed smoothly, on time, without surprise costs or unexpected complications. To ensure this we will:
- Tell you what you need to do, and when, and keep you informed of the status of your transaction.
- Identify and confirm in writing your costs of the transaction.
- Address all complications and clearly inform of any issues.
- Ensure that you understand your responsibilities and obligations.
- Inform you and assist with obtaining title insurance.
We also provide review of new house and condominium agreements and can advise you on the HST implications
Commercial Real Estate & Property Transactions
We will discuss with your business objectives and ensure that all facets of your commercial transaction meet those objectives and alert you to any prospective issues. We will:
- Review and confirm your costs of the transaction.
- Discuss and review zoning and use restrictions as well as future development limitations.
- Address any environmental obligations.
- Conduct all necessary title and ancillary searches.
- Inform you and assist with obtaining title insurance.
Commercial Leases
We can help you understand how various provisions of a commercial lease will affect your business, including your costs, liabilities, rights and obligations and assist you to make informed decisions prior to executing any lease. Knowing which provisions of the lease are critical in specific circumstances is a key to efficiently negotiating any lease and protecting the rights of the tenant and the landlord. Our advice also extends to negotiating and drafting lease amending agreements, renewals and extensions, assignments and subleases.
We will review and address with you such common lease provisions such as:
- Termination clauses, which can disrupt a business when a landlord wishes to terminate, or when a business wishes to move to better premises and faces significant penalties.
- Lease term and renewal provisions.
- Security deposits.
- Rental amounts, including additional rents (TMI) and future increases and responsibilities for any common areas.
- Tenant and Landlord respective responsibilities for repairs and maintenance.
- Restrictions on the use of the property and exclusivity privileges or restrictions.
- Landlord’s relocation rights.
- Tenant’s rights to assign or sublet the property.
- Guarantee and indemnity provisions.
With respect to all Real Estate related matters, please contact Adam Altmid today at 416-663-6888 or by email at adam@altmidroll.com.