Nothing is more Canadian than the dream of owning your own cottage. Be it a grand construction on a Muskoka lake, a riverside cabin, a fractional ownership, or a condominium unit, we at MBZ have the skills and expertise you need for the closing of your recreational real estate transaction.
As with residential real estate transactions, the MBZ team provides legal services and advice to both sellers and buyers, from offer to closing. Your recreational purchase has added issues of concern and even complexity, which apply to waterfront and recreational land. The availability of access, shared roadways, title insurance, survey/encroachment issues, varying municipal requirements, and unconverted titles all require the extra attention provided by an MBZ lawyer.
We are also familiar with the limitations on conventional financing for cottages, and are able to assist with the more creative financing options that lenders may provide, including resorting to equity of a second property, or equity-secured lines of credit where available.
Our state-of-the-art electronic closing systems and complete database of provincial authorities and municipalities ensure that closings for even the most remote properties can be easily accomplished from our local office. There is no need to resort to an inconvenient and unfamiliar out-of-town law firm to complete your transaction.
We at MBZ are your best choice for your cottage transaction. Contact any of our team members for prompt and helpful service.
3029 Bloor St W., Toronto, ON M8X 1C5. Tel: 416-234-9111. Fax: 416-234-9114