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Residential & Commercial Closings

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...

Competition Bureau and the Canadian Real Estate Associations (“CREA”): More Private Deals on the Horizon?

Recently the Canadian Competition Bureau requested that CREA open up the Canadian real estate market by making the Multiple Listing Service (“MLS”) open to the public...

Commercial Leasing: The Offer to Lease, Take it Seriously

A landlord eager to secure a tenant will often provide the prospective tenant with an offer to lease, also known as an agreement to lease, before...

Real Estate: Buying an Investment Condo Pre-Build and the GST/HST Rebate

A few months ago my clients came in to sign the builder documents for interim occupancy for their condominium unit which they purchased pre-build as an...

Terminate Commercial Tenancy…Beware of the Pitfalls

I am lucky enough in my practice to handle a fair bit of commercial landlord/tenant disputes.  I find this work challenging and rewarding, primarily because my...

Title Searching: “The Things Passes With Its Burden”

In the purchase and sale of a property, the most important aspect of the transfer between buyer and seller is making sure that the seller has...