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Agreements of Purchase and Sale Must be Completed in Good Faith
If you have been following my blog, I surprised many people last year with the revelation in Agreements of Purchase and Sale are legally binding contracts that you cannot simply “use” a condition in the agreement to “get out” of the deal....
NOSI Changes in Ontario: What Homeowners and Lawyers Need to Know One Year Later
Last year the province rolled out changes to how Notices of Security Interest (NOSI) are registered on title and improved a homeowner’s ability to remove invalid notices from title. See our article here for more information about this change. One...
Homeowner Protection Act, 2024: What Ontario Builders and Developers Need to Know
The Homeowner Protection Act, 2024 was introduced on June 6, 2024, resulting in significant updates to Ontario's real estate landscape. One of the most notable changes is the introduction of a 10-day cooling-off period for buyers of newly constructed freehold...
Six Hidden Costs Every First Time Homebuyer Should Know
Buying your first home is an exciting milestone, but many homebuyers are caught off guard by hidden costs. Buying your first home is an exciting milestone, but it can also come with unexpected expenses. At Merovitz Potechin LLP, we want...
