Tag: ontario
Tag: ontario
Condo Builders Leasing Units Triggers HST Self-Supply
This article is not intended to provide any accounting or tax advice, but merely to illustrate to condo builders some serious consequences of leasing their inventory...
Navigating Ontario’s Affordable Housing Initiatives: Legal Implications for Developers and Buyers
Introduction: Ontario's affordable housing initiatives have been pivotal in addressing the growing need for accessible housing options in the province. For developers and prospective buyers alike,...
What is the role of a lawyer in a real estate transaction?
Buying a house is one of the most significant investments you will ever make in your life. You are not just buying a house where you...
The Ontario Real Estate market meets its April 2017 Budget; are we in crisis?
April 2017 will possibly go down as the turning point in Ontario/Canada's economy. Although the brunt of the straws that broke the camel’s back were dropped...
Ontario’s new real estate cooling off plan and the 15% foreign buyer tax!
Ontario's new real estate cooling off plan has the following changes: 1) 15% Non-Resident Speculation Tax on residential single family dwellings purchased by non-citizens or non-permanent residents...
CONDOMINIUM LAW: Too Many Loud Parties in Your Condominium Building?
Recently a Client who owned a condominium unit in a condominium building, came into my office and complained that he was being a target of an...
CONDOMINIUM LAW: 10 Day Cooling Off Period and Giving Proper Notice of Rescission
The condominium market in Toronto is and has been hot over the past few years for a variety of reasons such a seeming stable Canadian economy,...
REAL ESTATE LAW UPDATE: Is a Condominium Corporation Obligated to Buy the Superintendant’s Unit?
Coincidentally, the day I read the Ontario Court of Appeal’s decision in Lexington on the Green Inc. v. Toronto Standard Condominium Corporation No. 1930, (2010 ONCA...
Property Tax in Ontario: A Primer
One of the most contentious issues in real estate and property is how real property taxes are assessed and charged to the property owner, of course,...
Real Estate law: Can You Refuse to Close if Your Condominium Square Footage is Less Than You Bargained For?
In real estate law, representations are very important elements to any agreement of purchase and sale. Typically the party selling the property will represent things such...
