Residential & Commercial Closings

BUSINESS SENSE: Commercial Lease Enforcement & Remedies

The lease enforcement or implementation of the agreement between the landlord and the tenant should be deliberately followed to avoid any conflict and discussion. However, there...

THE BASICS OF A COMMERCIAL LEASE

The global economic recession unavoidably affected the commercial leasing market in Canada. This has caused landlords and tenants to think over their respective bargaining positions when engaging into...

LAND TRANSFER TAX – Avoiding the tax, Trustee to Beneficiary

A client came into see me and wanted to transfer title to his property from his parents name to his and his wife.  He was concerned...

REAL ESTATE BASICS: What Every New Immigrant OR First Time Home Buyer Should Know About Buying Real Estate In Canada

Canada remains one of the countries attractive to the eyes of the people who plan to migrate. Currently, Canada has maintained its open doors to immigrants....

THE AGREEMENT OF PURCHASE AND SALE: Not Just Used In Real Estate!

An agreement of purchase and sale is a major key document in negotiating to buy and sell an asset. This is an agreement between the seller and...

STATUS CERTIFICATE REVIEW – A Way Out of the Deal?

Last week, one of my clients called to inform me that the sale of his condo unit failed to firm up because the purchaser’s lawyer advised...

SOME BASIC REAL ESTATE TAX STRATEGIES

Proactive and preemptive tax strategizing is important when filing an income tax return.  The income and excise taxation of Canadian real estate would primarily depend on...

THE BASICS OF YOUR MORTGAGE: Institutional vs Private Lending

Basically, buying a home is one of the best investments to deposit hard-earned money. This prospect comes along with various types of payment plans and financing...

COMMERCIAL DEVELOPMENT AGREEMENTS

 A real estate development agreement is an agreement between two parties; a developer or a construction company and the owner of the land. This agreement refers...

COMMERCIAL REAL ESTATE: A Brief on Real Property Acquisition & Disposition

Since the onset of the global economic struggles that hit the international business scene; trade and industry have been greatly affected. Commercial real estate in Canada...