Purchaser

Selling Your Home by Private Sale in Ontario

Occasionally a purchaser and seller will enter into an agreement of purchase and sale directly with one another.  They may exclude all agents in an effort to avoid paying a commission.  However, there are risks associated with this type of...

By Noah Potechin of Merovitz Potechin LLP on Monday July 6, 2020.

Filing Returns with the Condominium Authority of Ontario

Condominium corporations in Ontario are required to file specific returns with the Condominium Authority of Ontario (CAO). While this may seem like a simple practice, the consequences of not filing the proper returns on time can impact not only condominium...

By Merovitz Potechin on Thursday June 27, 2019.

Super Priorities and Unpaid Taxes in Canada

Super Priorities and Unpaid Taxes in Canada “Tax legislation equips the government with very powerful tools to ensure that taxes are properly paid. One of those tools is the deemed trust… In this action, the Crown seeks to recover money that [TD Bank] received from one of its...

By Michael Brown of Merovitz Potechin LLP on Friday May 10, 2019.

Cancelling a Real Estate Offer in Ontario

You may have seen the phrase "this offer shall be irrevocable by" on your Agreement of Purchase and Sale during a real estate transaction in Ontario. This phrase usually contains a specific date and time and states "after which time,...

By Noah Potechin of Merovitz Potechin LLP on Monday May 6, 2019.

Disclosure of Murder or Death in an Ontario Real Estate Sale

When looking to purchase real estate in Ontario, buyers should always perform their due diligence regarding the property. While this makes sense in terms of performing a physical home inspection with a licensed home inspector before finalizing the agreement, what...

By Merovitz Potechin on Thursday January 24, 2019.

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....

By Noah Potechin of Merovitz Potechin LLP on Wednesday August 31, 2016.