Like-kind exchange

The exchange of real property for other real property (a "like-kind" exchange) may be a nontaxable event. To be a like-kind exchange, the property you transfer (the "Exchange Property") and the property you acquire (the "Replacement Property") must be...

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Closing documents

You will be required to sign numerous documents at the time of closing.  In the majority of closings, the lender prepares and delivers the documents to the closing agent the day before or day-of closing. Most borrowers do not have the opportunity to review the documents prior to closing.

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Purchasing a condo

Reviewing and understanding a condominium’s declaration and bylaws is extremely important. These documents stipulate nearly every aspect of condominium living — from the election of the board of directors of the condominium association, to whether you may lease...

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Tenancy

Tenancy is possession or occupancy of lands, buildings or other property by title, under a lease or on payment of rent. The most common type is Common Law Tenancies, which is when groups of persons may hold property as a partnership or in the form...

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