Page 41 - INSIGHT MAGAZINE_January2025

YOU ASKED, WE ANSWERED!

Real Estate Lawyer

Can I use the same REALTOR® to sell my Reading of the Will
house and buy the next one? Movies and television have popularized tense and dramatic
When you find a REALTOR® who is right for you, then “reading of the will” scenes with family members and friends
absolutely, you can use that same REALTOR® for both selling gathered in a lawyer’s office. In Ontario, Executors are not
and buying a home, especially if you’re staying in the same mandated to coordinate a formal “reading of the will” as
there is no legal requirement to do so following the death of
town or community. Your REALTOR® is familiar with your
ownership needs and can help you find the ideal property. an individual. Moreover, family members and friends do not
have a right to a “reading of the will”, nor do they necessarily
Additionally, you’ll save time in working with one REALTOR® have a right to see or receive a copy of the will which comes as a surprise to
instead of two. And even if you’re moving to another many. If an individual believes they are a beneficiary, they may approach the
Gary** & Debbie*
Baverstock market, your REALTOR® can still be a big help by referring Executor to ask to confirm whether they are named as a beneficiary in the will.
519-622-7677(bus), you to an experienced REALTOR® in that community. As for
888-218-6589 If an individual is not named in a will, the Executor can simply say so and not
(toll-free) whether you'll save money, real estate fees or commissions provide a copy of the will to that person. The Executor does have a duty to find,
** Broker of Record are completely negotiable between you and the individual notify and inform the named beneficiaries about their respective entitlements
* Broker brokerage. as stipulated in the will. It is a named beneficiary, with a legal interest in the
website: With over 35 years of real estate experience in the will, that the Executor provides a copy of the relevant part of the will or the
TheBaverstockTeam.ca Cambridge/K-W area, give Gary & Debbie a call and let’s talk! whole will.
email:
Gary@
TheBaverstockTeam.ca McSevney Chaves LLP | 101-498 Eagle Street North, Cambridge
519-653-3217 | www.mcsevneychaves.com

If you're an expert in your field and are interesting in advertising here.
Call Lana Lang-Nagle, Director, Business Development at 519-622-2221 ext. 2239

www.cambridgechamber.com Winter 2025 41