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Legal Risks Many Home Buyers and Sellers Aren't Aware Of: An Interview with Sam and Evan Presvelos

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Real-life tips from a Toronto legal firm that represents many parties in home buying and selling transactions that run into issues.

This episode, I talked to Sam and Evan Presvelos, of the law firm Presvelos Law LLP.

We covered a range of topics that arise in normal home buying and selling transactions every day in the Toronto area, including the importance of how the agreement of purchase and sale is drafted, insufficient financing that puts buyer deposits at risk, misrepresented or misunderstood zoning permissions, rights and easements, why home surveys are not always readily available and what your agents should be looking out for, the limits of title insurance and more.

How to watch/listen:

 

Submit your own real estate questions and suggestions for future topics to be addressed in future episodes to: askjohn@movesmartly.com

John Pasalis is President of Realosophy Realty. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).

A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and selling a home.

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John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).

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