Residential & Commercial Closings
Understanding the Deposit in a Real Estate Transaction
The depositA deposit on a real estate transaction is regarded as consideration by the buyer to the seller to sell their property at a future date. If...
Describing the Property in your Agreement of Purchase and Sale
The property that is the subject of the Agreement of Purchase and Sale must be identified in the Agreement. The municipal address is the first component...
General Information About Agreements of Purchase and Sale
A contract by nature, the Agreement of Purchase and Sale (“Agreement”) brings with it all the obligations, responsibilities and procedures of contract law. A binding contract...
Taxation of an Estate as a Trust
Upon the death of a taxpayer, a T3 trust tax return is prepared, as well as a report of the income earned by the estate after...
COMMERCIAL LEASING: Rooftop Solar Panels
Rooftop Solar PanelsA number of landlords, owners, and tenants have recently received inquiries from rooftop solar panel installers desirous of installing solar panels on their roofs....
COMMERCIAL LEASING: Careful Consideration of Clauses
Renewals and Extensions are quite important in C. L., as can be seen from the case histories below.Saskatchewan Ltd. v. NelsonIn this case, a lease was...
COMMERCIAL LEASING: All About Zoning, Renewals, and Extensions
Zoning Disputes concerning the Smartcentres have been in the spotlight for much of this past year, illustrating the significant hurdles developers face when seeking approval for...
COMMERCIAL LEASING: All About Transfers
Involvements of matters relating to assignments are substantial in commercial leasing, as will be seen in this part of our ongoing series.Transfers In respect to assignments,...
COMMERCIAL LEASING: Past, Precedent, and Future
In the third part of our review of trends in Canadian commercial law, several interesting cases are discussed.Canadian Western Bank v. 702348 Alberta Ltd.This case highlights...
COMMERCIAL LEASING: Fundamental Breach and Exclusion Clauses
The second instalment in our review of the emerging trends in commercial lease jurisprudence is evident in the lawsuit relating to HREIT Holdings 45 Corp. v....
