We see this quite often.
One scenario is where the parents guarantee the mortgage, or they go on title with the children so that they can qualify.
In some cases the parents will make a "loan" to the child. Often there is no expectation of repayment, or the terms are very generous. Some parents will have the kid sign a promissory note which can be registered as a caveat on the title. You might see that where the parents have more than one child. The parents may also amend their wills to deal with gifts/loans made to one child and not to others.
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