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Ontario First-Time Homebuyer Series – Part 3: First-Time Homebuyer Incentive
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...
Ontario First-Time Homebuyer Series Part 2: Homebuyers’ Plan
We at Merovitz Potechin understand that buying your first home is a major personal and financial milestone that requires careful consideration of all available options to facilitate the purchase process. To better understand what to expect along the way, this...
Real Estate Lawyer Merredith MacLennan joins Merovitz Potechin LLP
Merovitz Potechin LLP is thrilled to announce that Real Estate Lawyer Merredith MacLennan has joined our team as of January 2020. Merredith has extensive experience in all aspects of real estate law including freehold and condominium land development, completing large...
Ontario First-Time Homebuyer Series Part 1: Homebuyer’s Tax Credit
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...
HST New Housing Rebate – What New Homebuyers Should Know
In Ontario, the sale of newly built homes is subject to GST/HST. This means that anyone in Ontario who purchases a new home from a builder is required to pay HST/GST on their purchase. The GST/HST New Housing Rebate (the...
HST New Housing Rebate – What New Home Builders Should Know
Most agreements of purchase and sale for newly built homes in Ontario are premised on buyers qualifying for the HST New Housing Rebate and assigning it to the builder. In exchange, the builder credits the buyer with the amount of...