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...
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...
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...
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,...
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...
Benefits Available With Real Estate Lawyers for First-Time Home Buyers
There are many aspects of a real estate transaction that may seem overwhelming, especially when it is your first home purchase. The transaction is likely the largest investment you have ever made. In order to ensure that the transaction goes...
The Importance of a Well-Drafted Asset Purchase Agreement
A recent decision of the Ontario Superior Court of Justice highlights the importance of a well-drafted asset purchase agreement. In Jonathan's - Aluminum & Steel Supply Inc. v. Retail Alloy Metal & Plastic Plus Ltd. (Oct. 20, 2015), 259 A.C.W.S....
