A condo declaration, as defined by the Condominium Authority of Ontario, is a collection of documents that allow a condominium corporation to be formed. Sometimes called a "declaration and description," these documents are filed with the land registry office as part of registering the condominium with the province.
In addition to pools, weight rooms, and car cleaning services, more condominiums may soon add electric vehicle charging systems to their list of amenities.
When buying a new condo, you may come across different categories of condo corporations in Ontario. The different corporations have slight variations on what your mortgage or maintenance fees may cover.
Tensions between franchise owners and parent companies are not uncommon in business. Such tensions are behind serious franchise law concerns being raised by Tim Hortons franchisees in Ontario and throughout Canada. According to the Great White North Franchisee Association, a franchisee has been denied renewal of his agreement for one of his two Toronto restaurants.
When purchasing a new home, the history of that home can influence its value and future renovation needs. Ontario real estate agents are raising concerns about their clients buying homes that are former marijuana grow-ops. They say that following legalization of pot across Canada, the lack of regulations protecting homebuyers from buying former grow-ops may be an increasing problem.
Businesses are often influenced by new laws on a local, provincial and national level. As of April 1, Ontario business owners will have to consider a new business law regarding equal pay for equal work. The legislation enacted at the start of the month includes some labour law changes, including requiring full-time and part-time or casual employees to make the same amount of money for the same work.
Many people talk about the challenges of buying a home for the first time, but what about selling a home? Many Ontario sellers are faced with changing real estate laws, a shifting marketplace and a lack of information about selling when they first put their home on the market. Here are some tips that can make the process less overwhelming for prospective sellers.
The rise of short-term lending websites like Airbnb has raised questions for landlords and condo boards alike. In Ottawa, one landlord has raised condominium law questions related to these sites after a tenant rented his unit on Airbnb without his permission. The owner, who was in Europe at the time, has approached Airbnb with the issue but is concerned with the lack of response and recourse for this issue.
Becoming a franchisee is a big decision that should not be taken lightly. One of the best ways to avoid future franchise law issues is by taking the right first steps when identifying, researching and choosing a franchise opportunity. These steps are important for all franchisees in Ontario, whether they are new to the business or they are familiar with the franchise system.