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Least expensive way to remove someone from a land title when both agree and will sign

Man and Woman (not married) buy condo in Toronto. Week before they take position Man ends relationship and backs out.

Woman used all her money and put up down payment and doesn’t want to lose this. They agree to follow through with the purchase. Woman and Man agree that the man should be taken off the land title. Woman who is working and going to school part time cannot afford to pay land transfer tax and legal fees again. The Question is can the Man be removed from the title without incurring these additional expenses? If the man signs a letter stating that he has no legal rights to the property and that the woman is the sole owner, would this be considered legally binding?

Father has offered to cosign on mortgage if necessary.

What is the easiest and least expensive way to proceed?

Authors: ratealawyer.com

Read more http://legal.advicescene.com/ca/question/1005241

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