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How to Avoid Legal Problems when Buying Pre-Construction Condos

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Manage episode 382340084 series 2820985
内容由Stories and Strategies提供。所有播客内容(包括剧集、图形和播客描述)均由 Stories and Strategies 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

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People who bought pre-construction condos years ago are now struggling to close the transactions due to changing market conditions and rising interest rates.

Mark Morris, a real estate lawyer, is dealing with many such cases. Morris explains the current falling market is causing many buyers to be unable to close their transactions, leading to legal problems. He advises buyers to secure large deposits to protect themselves in case of a breach. He also suggests that buyers should hire lawyers who specialize in real estate to navigate through potential issues.

Guest: Mark Morris, Legalclosing.ca Professional Corporation

Mark is a professor at the Lincoln Alexander School of Law and a regular resource for real estate brokers and lawyers through the Ontario Real Estate Legal Discussion Group. He’s won many of Law's top awards including, L'Expert's Rising Star Award, Canadian Lawyer's Most Influential Lawyer Award and the Financial Times' Maverick and Mover Award. In addition, the previous firms that he co-founded and built have won the Financial Times Innovative Lawyers Award and the Canadian Business's Startup 50 Award.

Contact Info
Website | Email

Desmond can be reached at:
Website | Email | X | Instagram | Facebook

Recorded in Sep 2023

  continue reading

98集单集

Artwork
icon分享
 
Manage episode 382340084 series 2820985
内容由Stories and Strategies提供。所有播客内容(包括剧集、图形和播客描述)均由 Stories and Strategies 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Send us a text

People who bought pre-construction condos years ago are now struggling to close the transactions due to changing market conditions and rising interest rates.

Mark Morris, a real estate lawyer, is dealing with many such cases. Morris explains the current falling market is causing many buyers to be unable to close their transactions, leading to legal problems. He advises buyers to secure large deposits to protect themselves in case of a breach. He also suggests that buyers should hire lawyers who specialize in real estate to navigate through potential issues.

Guest: Mark Morris, Legalclosing.ca Professional Corporation

Mark is a professor at the Lincoln Alexander School of Law and a regular resource for real estate brokers and lawyers through the Ontario Real Estate Legal Discussion Group. He’s won many of Law's top awards including, L'Expert's Rising Star Award, Canadian Lawyer's Most Influential Lawyer Award and the Financial Times' Maverick and Mover Award. In addition, the previous firms that he co-founded and built have won the Financial Times Innovative Lawyers Award and the Canadian Business's Startup 50 Award.

Contact Info
Website | Email

Desmond can be reached at:
Website | Email | X | Instagram | Facebook

Recorded in Sep 2023

  continue reading

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