We are occasionally requested to outline the process for assigning a builder’s offer of a condominium that has yet to be registered. If we have a client who would like to have his or her builder’s offer assigned to another buyer, we direct them to the builder’s on-site sales office to review the pertinent clauses in that offer to determine the assignment restrictions and fees.
The client should then also retain a lawyer to handle the documentation for this type of assignment. Retaining a lawyer who is familiar with this specific process is most beneficial for everyone involved.
One of our salespeople, Anne Howatt, just forwarded to us a list of Toronto lawyers who are particularly experienced in these assignments.
Here is her list:
Lawyers familiar with assignment of condos:
Nick Iannazzo, 425 University Ave #500 Toronto (416) 598 2002; Fax (416) 598 8183
David Nakelsky, 390 Bay Street #2800 Toronto (416) 862 7880 x 5955
Martin Rumack, 2 St Clair Ave East #202 Toronto (416) 961 3441
Audrey Loeb, 40 King St West #5800 Toronto (416) 595 8196
David Feld, 467 Richmond St E david@davidfeld.com; (416) 203-6347
Korman & Company, 721 Queen St E Toronto (416) 465 4232
Gerald Miller, 390 Bay St Toronto (416) 363 2614
David Gazzellone, 2794 Lake Shore Boulevard W Etobicoke (416) 252 3351
Anne Woodruff, 2794 Lake Shore Boulevard West Etobicoke (416) 252 3351
Imran Khan, info@imranlaw.ca; (905) 712 4700
Adam Vassos, 110 Yonge St #1100 (416) 364 1972
Thanks for sharing, Anne.