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Updated Repair and Warranty Deadlines for New Home Builders and Buyers
On July 6, 2020, Tarion announced the reinstatement of certain statutory timelines that had previously been suspended pursuant to Ontario’s Emergency Order. Builders and buyers should take note that the following rules will apply to builder repairs, warranty submission timelines,...
The Federal Home Equity Capital Gains Tax
As federal and provincial government deficits skyrocket due to COVID-19 support payouts such as the CERB, governments at all levels will be searching for new revenue sources in the not-so-distant future to try and balance budgets. One way to accomplish...
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...
Bram Potechin, Recipient of the 2020 OBA Award of Excellence
Merovitz Potechin LLP is proud to announce that Bram Potechin is the 2020 recipient of the Ontario Bar Association Award of Excellence in Real Estate. The Award of Excellence in Real Estate was created to recognize exceptional contributions and achievements...
Development Applications and COVID-19: Delays, Deadlines and Expiry Dates
In Ontario, a state of emergency was declared due to the COVID-19 Pandemic on March 17, 2020. On March 20, 2020, the province issued a Regulation (retroactive to March 16, 2020) under the Emergency Management and Civil Protection Act, that...
Ontario First Time Homebuyer Series Part 4: Ontario Land Transfer Tax Refund
Buying your first home is a big step in your personal and financial life. As a first-time homebuyer, you likely have many questions regarding all aspects of the process. In this four-part series, we will be exploring some of the...
