Tag: ontario
Tag: ontario
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,...
Real Estate Law: What the Difference is Between a Condition and a Warranty and Writing the Agreement of Purchase and Sale
One of the most important things I stress to Realtors and purchaser clients is to make sure it is very clear in the agreement of purchase...
Real Estate Law: Easements Affecting Your Property
Simply defined in the Blacks law dictionary, an easement is an interest in land owned by another person, consisting in the right to use or control...
Utilizing Spousal Trusts for Estate Planning
If capital property of a taxpayer is transferred to a qualifying inter vivos spousal trust, s.73(1) of the ITA permits the property to be transferred at...
Real Estate Law: Provisions in the Agreement of Purchase and Sale: Time for Searches, Future Use, Title, Schedules
Time for searchesBefore closing a real estate transaction, a real estate lawyer will need time to search title, executions and make off-title searches or inquiries. The...
Real Estate Law: Goods and Services Tax/Harmonized Sales Tax (GST/HST)
In the OREA standard form agreement (“OREA Agreement”), there is a blank space provided where it should be indicated whether taxes are “included in” or “in...
More Provisions in the Real Estate Agreement of Purchase and Sale
Spousal consentWhen selling a matrimonial home like a principal residence or cottage, it is always necessary to have the non-title holding spouse consent to the sale. ...
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...
