Leo Shiu

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Did you know that some items you think you can take—like TV wall mounts, smart doorbells, and chandeliers—might actually have to stay with the house? 😱 If not handled properly, this could lead to legal issues or even delay your sale!

Can You Take Wall-Mounted Items When Selling Your Property?

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Introduction When selling a property, many homeowners wonder whether they can take certain attached items, such as TV wall mounts, security cameras, and light fixtures, with them. Understanding real estate laws regarding fixtures and chattels is crucial to avoid disputes during the transaction process. Understanding Fixtures vs. Chattels What Are Fixtures? Fixtures are items that …

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Understanding Condo Parking Ownership: Owned vs. Exclusive Use

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Does Your Condo Parking Spot Really Belong to You? If your condo unit comes with a parking spot, you might assume that you own it. However, this is not always the case. Some parking spots are owned, while others are designated for exclusive use. Understanding the difference is crucial, especially when buying or selling a …

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Name Change Clauses in Offers: What Sellers Need to Know

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In real estate transactions, buyers sometimes include a name change clause in their offer, allowing them to switch the name on the property title to a different person before closing. This clause can be concerning for sellers, who may suspect that the buyer intends to “flip” the deal to another buyer for profit. However, buyers …

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How to Price Your Home Accurately in a Market of Misleading Low Listings

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In today’s Toronto real estate market, it’s increasingly common to see properties listed at prices well below their actual market value. These artificially low prices, often posted without an offer date, can mislead buyers into believing they’re getting a bargain. However, in reality, these low prices are simply a tactic to attract more attention and …

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