Frequently Asked Questions

Most residential real estate closings are completed on the scheduled closing date once all documents and financing are finalized. The preparation typically begins several weeks before the closing date. Our team works proactively to ensure title searches are completed, all necessary documentation is prepared, and funds are available for disbursement on time.

A real estate lawyer reviews the Agreement of Purchase and Sale, conducts title searches, arranges title insurance, prepares closing documents, coordinates with lenders and the other party's lawyer, calculates adjustments, handles the transfer of funds, and registers the property transfer. We ensure the transaction is legally sound and all your interests are protected.

Yes — in Ontario, a lawyer is required to complete real estate transactions. Only a licensed lawyer can register the transfer of title and complete the legal aspects of your purchase or sale. Having experienced legal representation protects your investment and ensures the transaction is completed properly.

Title insurance protects property owners and lenders against losses related to title issues — such as survey errors, unknown liens, fraud, or encroachments. Most lenders require it, and it is strongly recommended for buyers. Mechi Law will walk you through title insurance as part of your real estate transaction.

If someone passes away without a valid will in Ontario (known as dying "intestate"), Ontario's intestacy laws under the Succession Law Reform Act determine how the estate is distributed. The estate will be divided according to the statute — which may not reflect the deceased's wishes. This can result in delays, costs, and family disputes. Having a will avoids this entirely.

You should review and update your will after any major life change — such as marriage, separation or divorce, the birth of a child, purchasing property, a significant change in assets, or the death of a named beneficiary or executor. As a general rule, reviewing your will every 3–5 years is recommended even without major life changes.

Your executor (estate trustee) is the person responsible for administering your estate after your death. This is a significant responsibility. Choose someone you trust who is organized, responsible, and ideally lives in Ontario. It can be a family member, close friend, or even a professional. Always ask the person before naming them as executor. Mechi Law can guide you through this important decision.

Probate (a Certificate of Appointment of Estate Trustee) may be required depending on the type of assets in the estate and the requirements of financial institutions. Many banks and investment firms require probate before releasing funds. Real estate transactions may also require it. Mechi Law can assess whether probate is required for your specific situation.

The timeline for obtaining a Certificate of Appointment can vary depending on the court, the complexity of the estate, and whether there are any disputes or complications. In Ontario, the process can take several months from the time the application is filed. Mechi Law works to prepare thorough, accurate applications to minimize delays.

An executor (estate trustee) in Ontario is responsible for: obtaining probate if required, locating and notifying beneficiaries, collecting and valuing estate assets, paying debts and taxes, filing final tax returns, distributing the estate to beneficiaries, and keeping accurate records. Mechi Law provides comprehensive executor support throughout the entire process.

A Power of Attorney (POA) is a legal document that allows someone you trust (your "attorney") to make decisions on your behalf. In Ontario, there are two types: a Continuing Power of Attorney for Property (for financial decisions) and a Power of Attorney for Personal Care (for healthcare and personal decisions). Both are critical planning documents that every adult should have.

A Continuing Power of Attorney for Property typically takes effect immediately upon signing (or on a specific date you choose). A Power of Attorney for Personal Care only takes effect when you become mentally incapable of making your own decisions. The document can also specify conditions under which it takes effect.

Yes — as long as you have mental capacity, you can revoke a Power of Attorney at any time by creating a written revocation document. You should notify your attorney and any institutions that were relying on the original POA. Mechi Law can assist you with updating or revoking your power of attorney documents.

Incorporating your business in Ontario provides several benefits: limited liability protection (your personal assets are generally protected from business debts), potential tax advantages, a more professional business image, the ability to raise capital, and continuity of the business. Mechi Law can help you decide whether incorporation is right for you and guide you through the process.

A shareholder agreement governs the relationship between shareholders in a corporation — addressing how decisions are made, how shares can be transferred, what happens if a shareholder wants to exit, and how disputes are resolved. If you have a business partner, a shareholder agreement is essential to protect everyone's interests and prevent costly disputes down the road.