Transfer of Title Ownership
A title transfer occurs when ownership of a property changes without a traditional sale. We guide you through the legal steps to ensure the transfer is properly documented and registered.
Common Examples
- Adding or removing a spouse or family member from title
- Transferring property through inheritance or estate planning
- Moving property into a corporation for business or tax purposes
Why You Need a Lawyer
We prepare and register all necessary documents, ensure compliance with Ontario’s Land Transfer Tax Act, and explain potential tax implications — helping you avoid future disputes or costly mistakes.
Points to Think About Before You Transfer
- Land transfer tax may still apply. Tax can apply even when no money changes hands, for example where an existing mortgage is taken over, and exemptions are limited. We explain what applies to your transfer.
- Your mortgage. Your lender may need to approve a change in who is on title.
- Income tax. Transferring property to a family member for less than its value can have capital gains consequences. Speak to your accountant before you transfer.
- Your will and family. Adding a child or other person to title can change what happens when you die and can expose the property to that person's creditors or a separation. This is worth discussing before you sign.
- Matrimonial home. Special rules protect a spouse's rights in a matrimonial home, so transfers involving one need extra care.