In a market where condos make up over half of occupied homes in cities like Toronto, it’s time the legal process caught up. We recently launched Canada’s first digital status certificate review — a modern solution to an outdated, confusing part of condo transactions. At Ownright, we believe buyers deserve clarity, not legalese or rushed summaries. Our new digital experience puts actionable insights in your hands, helping you move forward with confidence.

Legal disbursements are the extra costs a lawyer pays on your behalf. Most buyers and sellers don’t expect them, and they aren’t always explained clearly. Here’s what they are and how they work.

A: Yes. Pre-construction closings often involve extra disbursements like utility account setup fees, development charges, and HST (if applicable). These aren’t always disclosed upfront by the builder and will appear in the lawyer’s final statement of adjustments. Worth knowing about early.

A: The answer is typically no for government-regulated items (like title registration), but yes for lawyer-added disbursements (admin fees, file storage, etc.).

A: The Law Society regulates how real estate lawyers handle disbursements, specifying that the law firm must not make a profit on disbursements, and that all charges must be fair and reasonable.

While home sales in Ontario remain quiet, June showed early signs of a turnaround with a 1.1% year-over-year increase in sales. There were 78,605 active residential listings on the market by the end of June, a gain of 18% from the end of June last year. Active listings haven’t been this high in June in over a decade! The average price of resale residential homes sold across the province last month was $852,036 — down 3.9% from June 2024.

With increased inventory and falling prices, buyers may feel emboldened to negotiate more aggressively — increasing the chance of conditional offers or contract amendments. Our legal team recommends reviewing your contract diligently and having a contingency plan. Ensure all offer conditions are clearly worded and deadlines are enforceable.

During the COVID-19 pandemic, Emilia and her siblings purchased a house together as an investment property. Since then, life has changed — they’ve all moved abroad, making it increasingly difficult to manage the house.

Emilia and her siblings made the decision to sell their investment property and chose Ownright to help them. With the siblings spanning three separate time zones, all outside of Canada, this could have been a tricky situation if dealing with a traditional law firm. However, Ownright’s digital-first approach made this unique case simple, straightforward, and stress-free.

“The client centricity and digital interface of Ownright were clear draws,” explained Emilia.

The Ownright advantage

Buying or selling this year?
Get a clear, fixed-fee quote for your closing in minutes.