Tag: Real Estate
Tag: Real Estate
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...
MICs: The Technical Aspects of a Mortgage Investment Corporation
TYPE OF ENTITY FOR A MORTGAGE INVESTMENT CORPORATIONA Canadian Corporation throughout the taxation year where its business only undertakes to invest its funds, and thereafter qualifies...
What Is A Heritage Building in Toronto, Ontario?
The City of Toronto has been experiencing a shift of rapid development, and the scarcity of property resources accessible for further growth have led developers to...
My Two Cents on the Canadian Real Estate Market and Housing Prices in 4 Minutes
Every other day I get asked “what’s the deal with the Canadian Real Estate market and housing prices is there a cap? Will there be a...
REAL ESTATE LAW: Condominium Basics
WHAT IS A CONDOMINIUM? The term “condominium” refers to a specific, legal form of owning real estate; not to the physical style of the building, or the...
Breached Agreements of Purchase and Sale: Can I Recover My Losses?
Many Real Estate transactions wind up breaking down between the point where an Agreement of Purchase and Sale has been signed and the transaction is completed...
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...
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...
