Tag: ontario
Tag: ontario
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...
Contract Law: Rescission Anyone?
When a client has an issue with a contract he/she most certainly looks to whether the issues caused any damages. I would agree that this is...
Real Estate Law: Choosing a Real Estate Lawyer and Understanding Fees
Often clients will shop around for legal services as if they were a commodity and not a service and therefore the lowest price is the only...
Real Estate Law: Buying Real Estate with Other Parties or Trying to Sell Real Estate Owned with Others?
Often individuals and companies purchase property together either as a means to secure financing, registered ownership or as a business venture. For various reasons, often financial,...