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 transaction from being registered ...
Assignment and Assumption of Contracts General Rules The lease is a mixture of benefits and obligations, which can be unilateral or bilateral. The “assignor”, or a party to a lease, ...
In the previous instalment, we discussed the difference between lease and rents and left open the manner of their registration. It is a fait accompli that an assignment of rents ...
Other Legal Challenges Earlier we have discussed three Municipal Tax Sales clauses, which if applicable, leads to cancellation of sale. Besides cancellation by the treasurer, the tax sale could be ...
We have discussed earlier one of the two methods by which a contractor working for a tenant is able to get a lien on the freehold of the property. The ...
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 a large scale, primarily ...
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. This gives chance to ...
Conditional review of a condminium status certificate by a lawyer is a common condominium re-sale condition contained in agreements of purchase and sale. The condition is typically worded to give a lawyer a wide degree of discretion in detemrining whether a purchaser should waive the condition or escape the agreement.
Since the onset of the global economic struggles that hit the international business scene; trade and industry have been greatly affected. Commercial real estate in Canada is not spared from the ...
The Canadian Competition Bureau requests that MLS is opened to the general public and individual and non-CREA brokerages can list properties.