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Bottom Line. When you're looking at purchasing a piece of land, there are 5 main types of deeds that you can use: Warranty Deed, Special Warranty Deed, Quitclaim Deed, Bargain and Sale Deed, and a Grant Deed. A Warranty Deed is the best of the best.

A deed is an official written document declaring a person's legal ownership of a property, while a title refers to the concept of ownership rights. Here's a way to remember the difference: Although you can own a physical copy of a book, you can't hold a book's title in your hand.

Most lawyers will recommend that married or common-law couples own their home equally as joint tenants. This will make them each full owners, and the survivor will become the sole owner if the other dies first.

Real Estate Lawyer Fees Title Transfer in Ontario is $999 + Tax. Our Real Estate Lawyer fee for a title transfer with a mortgage is $999 + Tax to add a name to the property. We charge flat legal fees and do not charge additional fees if your property value is higher.

Yes, someone can be on the title and not the mortgage. The two terms ?deed? and ?title? are often used synonymously. A person whose name is on a house deed has the title to that particular house. The house deed is the physical document that is used to transfer title and thus proves who owns the house.

For example, if you get married and your spouse is moving into the home you already own. As opposed to selling your property and buying a new place together, you can decide to add your spouse to the title so their rights to ownership of the matrimonial home are protected under the law.

All you need to bring to your appointment are 2 pieces of ID for each person that will be on title or removed from title, and your notary will handle the rest. If the property is part of a strata, for example a condo or townhouse, relevant strata documents are also required.

How to Transfer Property to a Spouse in Canada Locate the deed or title to the property. Draw up a transfer agreement. ... Consult a tax lawyer if the property is not the primary residence. A tax lawyer will know specific federal and provincial tax laws regarding property transfers.

You can obtain an application for a lot line adjustment at the planning department for the county that you reside in. While it's possible to request these applications by mail, it's much easier and more efficient to download the forms online at the planning department website.

Three basic types of deeds commonly used are the grant deed, the quitclaim deed, and the warranty deed.