Sale
Builder and Developer Series Part 1: The Land Deal
Whether you are a builder or developer looking to purchase vacant land, a tear-down, or a building slated for fit-up or renovation, one of your first steps is going to be making a land deal with the vendor (seller). While...
Purchase and Sale of AIRbnb Properties Part 2
In Part 1 of our series on the purchase and sale of AIRbnb rental properties, we discussed different forms of taxation that may apply when buying or selling a short-term rental property. In Part 2, we will look at city...
Purchase and Sale of AIRbnb Properties Part 1
AIRbnb is a popular online marketplace for short-term rentals, homestays and vacation rentals primarily for tourism and short-term work/assignment purposes. The service is provided by a platform that is globally accessible on the Internet and via Mobile App. AIRbnb does...
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...
Drugs, Murder and Nudists – What Must be Disclosed During a Real Estate Sale in Ontario?
When purchasing a home, most buyers want the confidence that the home they are buying is in good shape and that the neighbourhood they are moving into lives up to their expectations. With the help of real estate agents, a...
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,...
Buying by Power of Sale
You may be looking at purchasing a house from a lender who is selling the house using the authority granted to them under the power of sale provisions of the Mortgages Act. Power of Sale Occasionally, homeowners are unable to...
New Ontario business law bans door-to-door sales of some products
Lawmakers often pass legislation to protect consumers, though sometimes the laws they pass can be controversial to business interests. In Ontario, a new business law prevents door-to-door sales of items, including furnaces, air conditioners, air purifiers, water heaters, water filters and...
