We offer real-estate law and legal advice to help you incorporate, build and sell your company.
We are experienced in assisting start-ups, and domestic and international businesses across a wide range of industries. Nearly all of our corporate work is available on flat-fee billing.
Our Business Law practice includes significant experience in commercial drafting & negotiation.
When it comes to real estate Law, we understand that there are many factors that impact your plans. We understand the complex procedures of closing real estate purchase, sale or refinance transaction. Whether you’re buying a property for the very first time, or you’re an experienced investor, we will help you solve your real estate problems with ease. We can assist with all types of real estate including condominiums and pre-construction properties.
We are Ontario’s leading law firm in co-ownership law. We understand how to navigate the intricacies of co-buying and co-living real estate in Toronto and across Ontario. We never lose sight of the reasons behind your decisions and your ultimate vision of a life well-lived.
Planning for life’s eventual turns will set your mind at ease, preparing for moments that resonate long into the future. It is why we take a balanced and holistic approach in preparing your will & estate plan.
We will present you with a comprehensive list of options, and we will help you explore the benefits, risks and costs of each option so that you can feel comfortable with your decision – a customized strategy tailored to your unique circumstances. These types of plans are best developed with empathy and honed through years of financial acumen – ensuring everyone you care about is looked after.
Close From Home
We can close your real estate purchase, sale or refinance: remotely.
Our lawyers will be right there with you via video conference to walk you through the closing process.
Every step of the way.
Feel Good about Closing With Aura
Aura donates 2% of its legal fee from every residential real estate closing in Ontario directly to Homes First, our charitable partner!
When you close your real estate transaction with Aura LLP, not only are we helping you achieve your dreams, but also you are helping Toronto’s most vulnerable move closer to theirs.
Resources
Foreign Buyer Regulations: Changes to Policies and Regulations Regarding Foreign Buyers and Their Impact on the Market
Foreign investment in real estate has become a growing source of concern in numerous nations, including Canada. In order to address these concerns and manage the impact on the local housing market, various policies and regulations regarding foreign purchasers have been implemented. These regulations are intended to establish a balance between attracting foreign investment and […]
Housing Affordability: Strategies and Initiatives to Address the Issue of Housing Affordability, Including Government Interventions and Incentive Programs
In many communities around the globe, including Toronto, the affordability of housing is a pressing issue. Many individuals and families struggle to find affordable and stable housing options as housing costs continue to rise. To address this issue, numerous strategies and initiatives, including government interventions and incentive programs, have been implemented. In this article, we […]
Cannabis Legalization: The Impact on the Real Estate Market, including Regulations for Growing and Selling Cannabis in Residential Properties
Real estate has been significantly impacted by the legalization of cannabis. As more jurisdictions around the globe legalize cannabis, it is crucial to comprehend the effects on the real estate market. Changes in property use and regulations governing the cultivation and sale of cannabis on residential property have altered the landscape. This article will investigate […]
Environmental Regulations: Updates on Environmental Regulations Affecting Real Estate, such as Energy Efficiency Requirements and Sustainability Standards
The role of environmental regulations in influencing the real estate industry and promoting sustainable development is crucial. As the significance of environmental conservation and sustainability increases, governments and regulatory bodies are updating environmental regulations that impact real estate practices. These regulations include energy efficiency requirements, sustainability standards, and green building certifications, among other aspects. In […]
Rental Market Regulations: Changes in Rental Market Regulations, such as Rent Control Measures and Eviction Processes
The regulations of the rental market are crucial to ensuring fair and equitable relationships between landlords and tenants. These regulations govern several facets of the rental market, including rent control and eviction procedures. Changes in rental market regulations can have significant implications for both landlords and tenants, affecting rental prices, tenancy rights, and the rental […]
The Rise of Eminent Domain: Real Estate Lawyers’ Perspectives and Solutions
Real Estate Eminent Domain: What You Need to Know This article examines the perspectives of real estate lawyers on the rise of eminent domain and the strategies they employ to safeguard the rights and interests of property owners. Eminent domain refers to the government’s authority to confiscate private property for public use, as long as […]
Real Estate Tax Strategies: Lawyers’ Insights for Optimal Tax Planning
Real Estate Tax Strategies: Their Importance Real estate tax strategies are indispensable for optimizing the tax implications of property ownership, transactions, and investments. In this article, we will examine the insights and knowledge that real estate lawyers bring to the table when it comes to developing and implementing tax strategies that align with investors’ objectives. […]
Emerging Trends in Real Estate Law: Lawyers’ Perspectives on Sustainable Development and Smart Cities
Real Estate Law: Understanding Its Changing Environment This article will examine the emerging trends in real estate law, with a concentration on sustainable development and smart cities. We will investigate the perspectives and insights of lawyers regarding the legal aspects of these transformative trends. The real estate industry is continuously evolving due to technological advances, […]
Real Estate Development: Legal Considerations and the Role of Lawyers
The process of real estate development is intricate and involves numerous legal considerations. Whether you are a developer, investor, or landowner, you must navigate the legal landscape to ensure a compliant and successful development project. In Toronto, where the real estate market is dynamic and constantly changing, it is essential to have the counsel of […]
International Real Estate Transactions: The Cross-Border Expertise of Toronto-Based Real Estate Lawyers
Demand for Cross-Border Real Estate Deals Growing In a world that is becoming increasingly globalized, international real estate transactions have become more prevalent than ever. Individuals and organizations are pursuing opportunities to invest in real estate outside of their native countries, thereby creating a new realm of opportunities and obstacles. When navigating the complexities of […]
How real estate lawyers guide clients through environmental problems in property deals
Real estate deals are complicated and involve a lot of legal issues, like those about the environment. The value of real estate lawyers guide and the use of a property can be greatly impacted by the presence of hazardous items, contaminated soil or groundwater, and other environmental issues. Throughout property transfers, real estate lawyers are […]
Real estate lawyers play a critical role in the success of real estate crowdfunding campaigns
A well-liked method for investors to pool their funds and buy into real estate projects that were previously out of their price range is real estate crowdfunding campaigns. Investing in real estate has become more accessible thanks to the crowdfunding concept, which enables consumers to put small sums of money into high-quality projects. The crowdfunding […]
Real Estate Fraud: How to Spot and Avoid Scams in Property Transactions
Real estate fraud is a rising problem in the real estate market, and anyone is susceptible to it. Consequences can be severe when fraudsters defraud property purchasers and sellers using a range of deceptive strategies. In this article, we will discuss the various types of real estate fraud, how to identify them, and how to […]
Real Estate Due Diligence: What Buyers & Seller Need to Know
real estate due diligence is the investigation of a property to confirm all of its facts prior to the sale or purchase. This procedure is essential for ensuring that both buyers and sellers make well-informed decisions. Due diligence in real estate is not a uniform process. It varies based on the nature of the property […]
Title Insurance: Why They Matter in Real Estate Transactions
When it comes to buying or selling real estate, doing a title search and acquiring title insurance are two of the most crucial processes. Title searches and title insurance aid in ensuring that the property you are purchasing or selling has a clear title and is free of any claims or liens that could cause […]
The 10 Most Important Questions to Ask Before Hiring a Real Estate Lawyer
Whether you are buying or selling a house, you should always have a good lawyer on your side. When Hiring a Real Estate Lawyer, A real estate lawyer can help you deal with the complicated legal issues that come up when you buy or sell property and can also protect your rights during the transaction. […]
5 Common Real Estate Legal Difficulties You Should Know About
The process of purchasing a property may be a challenging one, and prospective purchasers should be aware of the potential legal complications that may crop up at any point throughout the transaction. In this article, we will address five typical real estate legal difficulties that every prospective homebuyer ought to be aware of prior to […]
Importance of a Real Estate Lawyer in Property Dispute Resolution
The importance of a Real Estate Lawyer in Property Dispute Resolution is amazing! In the area of property ownership, real estate conflicts are a typical occurrence. Property conflicts can happen in a number of contexts, ranging from border disputes to landlord-tenant issues. Frequently, these issues can be intricate and difficult to resolve. This is when […]
Considerations When Hiring a Real Estate Lawyer For Mortgage
The risks are enormous when facing real estate lawyer for mortgage default and foreclosure. The loss of one’s house can have severe effects on one’s life and finances. It is so essential to have a real estate lawyer on your side to safeguard your rights and interests. But with so many lawyers to pick from, […]
Mortgage Fraud Prevention & Real Estate Lawyer
Real estate mortgage fraud is a major issue. Lenders and borrowers alike risk experiencing severe repercussions, such as monetary losses, legal penalties, and diminished credit ratings. For this reason, it’s crucial that all participants in a real estate transaction cooperate to do Mortgage Fraud Prevention. This article will discuss a real estate lawyer’s potential contribution […]
The Importance of Consulting a Real Estate Lawyer While Refinancing Your Mortgage
Although refinancing your mortgage might be a good financial decision, it is also a complicated procedure that involves many different legal considerations. This is why it’s recommended that you consult a real estate lawyer prior to refinancing your mortgage. This article will discuss the mortgage refinancing procedure from a legal perspective and how a real […]
Real Estate: Understanding the Significance of Land Use and Zoning
Land use and zoning are essential components of the real estate sector. They control how land may be used, developed, and sold, and are crucial for guaranteeing the correct use of land and maintaining a balance between economic growth and environmental preservation. In this article, we will examine the significance of zoning and land use […]
The Buying And Selling Property of Real Estate
Buying and selling property may be an exciting and gratifying process, but it can also be difficult and time-consuming. Whether you are a first-time purchaser or a seasoned real estate investor, knowing the purchasing and selling process is vital for making educated decisions and accomplishing your objectives. This article will examine the essential stages involved […]
Environmental Law and Real Estate Law : A Brief Introduction
The link between environmental legislation and real estate is intricate and profound. Environmental law considerations have become an integral part of real estate transactions and construction projects. Environmental concerns can have substantial effects on real estate developments, including legal liability and financial dangers. While dealing with real estate transactions, it is essential to consider environmental […]
A General Introduction of Commercial Real Estate Law
The complicated field of law that controls the ownership, lease, and development of commercial real estate holdings is commercial real estate law. Contracts, leases, and zoning restrictions are some of the several legal instruments involved in commercial real estate law. In addition to finance, property management, and environmental compliance, commercial real estate law addresses a […]
Understanding Ontario Homeowner association law
What is Homeowner Association Law? Table Of Contents: What is Homeowner Association Law? The Value of Homeowner Association Legislation Understanding Homeowners’ Rights and Duties Essential Components of Ontario Homeowner Association Legislation Conflict Settlement under Homeowner Association Law Dealing with an Ontario Homeowner Association Lawyer Final Reflections The Ontario Homeowner Association Law is a set […]
What You Must Know About Real estate disclosure Requirements
Why Real Estate Disclosure Standards Are Important Table Of Contents: Why Real Estate Disclosure Standards Are Important What Are Real Estate Disclosure Requirements? Why Are Real Estate Disclosure Standards Important? Who is accountable for ensuring compliance with real estate disclosure requirements? What Happens If Disclosure Obligations for Real Estate Are Not Met? How to Ensure […]
When is a Good Time to Have an Ontario Real Estate Lawyer Review Your Purchase and Sale Agreement?
Buying or selling a property is a substantial financial transaction, so it’s essential to attend to every detail. The APS specifies the terms of the sale, including the purchase price, closing date, and any conditions that must be met prior to the sale’s conclusion. However, many individuals are unaware of the importance of having their […]
Choose the Best Toronto Real Estate Lawyer for Your Needs?
A Toronto real estate lawyer is a key player in any real estate transaction, as he or she can help you navigate the legal landscape and protect your interests. Buying or selling a home is one of the most significant investments you’ll make in your lifetime; therefore, it is imperative that you pay close attention […]
Do I Need Ontario Real Estate Lawyer to Renew My Mortgage? A Guide for Ontario Homeowners
As a homeowner in Ontario, you may wonder if you require the assistance of an Ontario real estate lawyer to renew your mortgage. Prior to signing any mortgage documents, you should be aware of a number of important legal considerations, despite the apparent simplicity of the mortgage renewal process. In this article, we’ll examine the […]
A Laneway House – Why you Should Build One
A Building a laneway house in Ontario, Canada can be an excellent way to create an extra living space while simultaneously creating an added investment element to your Property. With potential for increased property value, financial returns from renting out the extra space and additional utility costs savings, there are many reasons why you should […]
Your Real Estate Investment Lawyer With Co-Ownership
Real Estate Investment lawyer, I mean buying a property on your own can be a daunting task, especially if you don’t have the financial means to do so. Co-ownership is an increasingly popular option for those looking to enter the real estate market without breaking the bank. By sharing the costs and responsibilities of owning […]
Toronto Water Rights Law And Your Waterfront Cottage!
Riparian rights should be the "make" or "break" when deciding whether to buy your waterfront cottage. Read this to find out more.
Top Five Clauses When Buying a Rural or Cottage Property
Here are the top five clauses to consider when purchasing a rural or cottage property.
Exclusions From Provincial Warranty Coverage
In this post, we look at exclusions from provincial warranty coverage under the ONHWP Act
New Home Warranty Coverage: Additional Coverage
In this post, we look at additional warranty coverage under the Ontario New Home Warranties Plan Act.
Aura LLP Awarded a Toronto Star Reader’s Choice Award!
Aura Awarded a Toronto Star Reader's Choice Award - Diamond Winner! We are recognised for our 2% 'Housing Dreams' program with our charitable partner Homes First!
Tarion Warranty Coverage for New Homes in Ontario
This post explores what you need to know about Tarion warranty coverage for newly-built homes in Ontario
Your Waterfront Cottage Lawyer And Shore Road Allowances!
Ownership of the shore road allowance is an important aspect of purchasing or selling a waterfront property.
Construction Lawyer Liens and The Basics About Holdbacks
The Construction Act permits the registration of a lien by any person involved in effecting improvements to the value of a property. This applies to wage earners, material contractors and sub-trades involved in such work – they all have lien rights.
Real Estate Co-ownership Law Firm in a Element Condo?
When it comes to the co-ownership of land, or interests in land, it is possible to structure ownership other than by title ownership (tenants-in-common vs. joint tenants).
Residential Property Lawyer Near Me
A deposit is likely to be forfeited unless the seller agrees to mutually terminate the APS or there is a bona fide legal issue going to the root of title
Residential Property Lawyer & The Legalities of Parking Pads
Parking pads can be an issue for buyers because they may have been built without permission from the municipality.
Co-Owner Lawyer With HST New Housing Rebating
In situations where co-owner purchasers are not related, it is possible that the HST new housing rebate will not be available upon closing.
what is an easement ?
An easement is a right enjoyed by one landowner over the land of another and is granted for a special purpose rather than for general use and occupation of the land.
Aura LLP is nominated for a Toronto Star Reader’s Choice Award!
Aura LLP is nominated for a Reader's Choice Award from the Toronto Star!
New Mortgage Stress-test law Regulations in Ontario
In this post, we summarise the new mortgage "stress-test" regulations for home-buyers in Ontario.
What Happens if Formaldehyde or Asbestos is Found?
If UFFI is found in the Property after closing, do the purchasers have good grounds to sue for damages? The short answer - typically, yes. But, it depends (...it always does with the law).
Will & Estate Plan & How To Deal With a Cottage Property
When setting up a will or estate plan, it is critical to be mindful of how cottage property may be divided amongst family & co-owners.
Land Transfer Tax Exemption: Natural Love & Affection
In Ontario, it is permissible to transfer property to loved ones without paying Land Transfer Tax, subject to certain requirements & provisos.
What is Title Insurance?
Title insurance is an insurance policy which provides coverage for risks to title in real estate transactions.
What is a Collateral Mortgage?
A collateral mortgage is a set of rights or obligations secured through the registration of a mortgage on real property.
Prospectus Exempt Securities: The Accredited Investor Exemption in Ontario
The accredited investor exemption is widely used in Canada and the United States. In fact, over 90% of the private capital-raising in Ontario relies on the accredited investor exemption.
3 Covenants A Lender Makes in Their Mortgage
Regardless of the payment type (blended or interest-only), amortization or structure (open v. closed) of the mortgage, these are the three (3) covenants your lender is making when providing you with a mortgage:
6 Things A Borrower Promises in Their Mortgage
Regardless of the payment type (blended or interest-only), amortization or structure (open v. closed) of the mortgage, these are the six (6) obligations a borrower is making when taking out a mortgage on property:
Sale of Vacant Land in Ontario on The Applicability of HST
Largely, the applicability of HST to vacant land hinges on whether its use (prior to the sale transaction) was personal or business-related, even if the land contains a residential component
Independent Contractor vs Employee in Ontario
Whether a person qualifies as an employee or independent contractor is a question of law and is determined on the basis of facts of a given case.
Top 8 Benefits of Having a Will
If you pass away without a Will, the law dictates how your estate will be distributed. Although certain property is automatically distributed to a spouse or children, exact distribution depends on the value of property. A Will is the only way to ensure that your wishes are carried out.
What Is a Zombie Deed in Real Estate Law
A "zombie" deed is a deed signed during the owner of the property’s lifetime, but registered in the land title system after the death of the owner.
Dying as a Co-Owner law: What Happens For Sharing?
The scope of rights of survivorship amongst co-owners is directly affected by whether title is held as joint tenants or tenant-in-common.
Property Purchase lawyer & Creating a Co-Ownership Agreement
Yes – the short answer is that you can enter into a co-ownership agreement after you close on a co-owned property. But…this does not mean that you should.
Fixtures v. Chattels – What is the Difference?
This blog post explores the nebulous world of fixtures v. chattels. While there are bright lines in the law, this is a grey-area for many property transactions.
Estate Plan lawyer Definition With Estate Plans
Estate planning involves arranging the transfer of your assets in anticipation of death and secure the maximum financial package for your intended beneficiaries
co-owners common law Joint Tenants v. Tenants-in-Common
When co-owning property, taking title as joint tenants or tenancy-in-common can impact financing, estate issues and investment liquidity.
Key Differences Between Co-Ops & Co-Ownership of Real Estate
Co-owning property versus taking part in a co-op housing purchase are property ownership structures which sound similar, but are very different.
What is a Co-Ownership Agreement and Why Do I Need One?
A co-ownership agreement governs the relationship and expectations of co-owners relating to their shared ownership in a property. It will deal with items such as ownership interests, financing, maintenance of the property, and each owners’ rights and responsibilities.
Prospectus Exempt Securities: Offering Memorandum
If there was one rule which single-handedly prevented an efficient raising of capital in Ontario, it was the restrictions on the Offering Memorandum exemption. However, in 2016, Ontario introduced a set of new amendments which created a viable offering memorandum prospectus exemption.
How To Build a Laneway Suite in Toronto
If you are considering building a laneway suite in Toronto, here are 5 questions you should ask yourself before getting started.
Structures for Construction Contracts
When you are starting your construction project, the first question you need to ask yourself is: “What project structure am I moving forward with?” The answer determines what style of construction contract you will need. The traditional construction model is called “design-bid-build”...
Six Frequent Questions about Co-Ownership Agreements
It is essential that an agreement is created with all partners and the contents of any wills or spousal agreements are shared with the lawyer as they prepare your agreement so that they align and do not conflict with one other. Here are six frequently asked questions we often get about co-ownership of residential property.
Joint Tenants v Tenants in common
Generally, there are two types of legal relationships between co-owners of property: they can buy property as either tenants-in-common or as joint tenants.
Family, Friends & Business Associates & Prospectus Exempt
How can you raise capital in Ontario with your family, friends & business associates? The family, friends & business associates prospectus exemption was adopted in Ontario in May 2015.
Status Certificate Review and Your Lawyer
When you are purchasing a condo, whether in Toronto or the GTA, reviewing the status certificate is one of the most important steps in the entire process.
How do Private Mortgage Transactions Differ on Transactions?
There are three (3) key distinctions between private mortgage transactions and mortgages with conventional lenders. As a private lender or a borrower using private funds, your lawyer needs to be acutely aware of how to secure and close private mortgages.
Prospectus Exempt Securities: The Private Issuer Exemption in Ontario
In most closely-held private companies, the private issuer exemption is almost universally applied when shares are initially issued to business partners.
Real Estate Co-Ownership law – Interior Design Show Walkthrough
At the show, we talked real estate co-ownership. We co-sponsored the "Dare to Share" co-ownership booth, designed by Picnic Design and built by Mazenga.
Consequences of Operating an Ontario Partnership
The main consequences of operating a partnership in Ontario. Aura LLP's business lawyers can help you review, structure and negotiate your partnership agreement.
Intentions Matter When Co-Owning Property
When co-owning real property, it is crucial to address the intention of each co-owners’ in owning and managing the property. This requires an understanding of the law of partnerships.
Characteristics of a Corporation in Ontario
Unlike a sole proprietorship or partnership, a corporation does not come into existence simply by virtue of one or several people starting a business.
What Constitutes a Legal Partnership in Ontario?
A legal partnership exists when there are “persons carrying on a business in common, with a view to profit”. Let’s break this down into its main elements.
Real Estate Webinar Series: Investing During COVID-19
We discuss the Toronto real estate market during COVID; investment goals; assignments; the construction supply; and the demand for housing and pre-construction.
Issuing Securities in Ontario – Prospectus and Registration Requirements
Many individuals or private companies mistakenly believe that securities law does not apply to them unless they are a public company listed on a stock exchange.
3 Crucial Things to Know about Buying a Pre-Construction Condo
Did you know that the builder has the right to cancel the entire project under the “economic viability” clause? If the builder’s construction costs rise too high, or their lender requirements change, then the project may no longer be economically viable, and subject to cancellation.
Real Estate Webinar Series: the Future of Toronto Real Estate during Covid-19
In the first episode of our Real Estate Webinar series, we discuss the state and future of real estate in Toronto and the GTHA. We welcome Lu Zhou, Realtor, Century 21, to the conversation.
Exit Strategies in Real Estate Co-Ownership
It is crucial that a co-ownership agreement have clear and specific provisions dealing with an event of default and material changes to the arrangement.
What Happens When a Co-Owner Dies?
If the unthinkable occurs to a fellow co-owner, what happens next? Right of survivorship options must be carefully considered in the context of a co-ownership arrangement for real estate.
Remote & Virtual Real Estate Closing
Close your Real Estate transaction from your home or office. We come to you. Consult with our lawyers by video. Flat fees.
Co-Ownership of Property and Your Spouse
“Who’s going to clean the bathroom?" This is but the first question that you will need to answer if you are considering co-buying a property.
Real Estate Co-Ownership – Interior Design Show
At the Toronto Interior Design Show 2020, we co-sponsored the "Dare to Share" co-ownership booth, designed by our friends Picnic Design and built by Mazenga.
Scotch Nights
Our Scotch Nights are about good energy and good people. We bring people together, and watch the collisions happen.
What is a Real Estate Lawyer and Why do I Need One?
Real estate lawyers are the “quarterback” of the “football game” that is the purchase or sale of a home.
3 Things to Think About When Negotiating A Commercial Lease
Consider these things when negotiating your commercial lease