Tag: agreements of purchase and sale
Tag: agreements of purchase and sale
Backing Out of a Purchase Agreement
Toronto has experienced the fastest growing market on record. Buyers have been participating in bidding wars, fighting hard to lock themselves into a contract on a...
Real Estate Law: Closing a Real Estate Transaction
Choosing a closing date The closing date can be whenever the parties agree upon, however selecting a closing date on a weekend or statutory holiday will prevent your...
Agreements of Purchase and Sale: Fixtures, Chattels and Rental Items
Fixtures and chattelsThe specification of chattels versus fixtures happens to be one of the more contentious issues arising in a real estate transaction. To recap past...
The Duty to Disclose Property Defects
This question often comes up with clients: Are we required to disclose latent defects in the property we are selling?A latent defect is a defect that...
LAND TRANSFER TAX IN ONTARIO: And now the HST!
In Ontario, the land transfer tax has to be paid if land is purchased in the province or an interest in land is acquired therein. This...
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....
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...
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...
