Undead
Senior Member
Is it possible to have an individual listed on the deed for a condo to sell their stake to a corporation? Any insight welcome.
If you own property you can sell to anyone ; In our condo building we had several Units owned by numbered companies a few years ago. Subsequently all were sold to individuals but I assume they were owned by a corporation for tax reasons or because the company need a pied a terre in Toronto. As with all sales and purchases you need to do it properly so talk to a lawyer and a tax lawyer.Is it possible to have an individual listed on the deed for a condo to sell their stake to a corporation? Any insight welcome.