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Real Estate Law & Property Law

A Note to Condominium Developers

Condominiums are becoming increasingly important as more people choose to live in condos. In recent years, the condo industry has been booming in Canada with new...

CONDOMINIUM LAW: Rules and by-laws you should know prior to purchasing.

Unit owners must comply with the specific rules and by-laws of the condominium corporation, otherwise the Corporation has the right to get a court order directing compliance and...

CONSTRUCTION LIEN: Basics

Basically, a construction lien is a remedy available for someone who improves someone else's property by way of supplying materials and or labour.  If that person is owed monies...

REGULATING THE PROPERTY MANAGEMENT OF YOUR CONDOMINIUM

The residential condominium is now a modern way of living to get away from all the daily chores of home ownership. Living in a condominium is...

MORTGAGES & FINANCE: Residential Construction Financing

In the residential market, construction financing is available for customers who are planning to build a new home or who want to reconstruct an existing property...

THE ECONOMICS OF THE MORTGAGE INDUSTRY

Real properties (real estate) like buildings, lands, residences are generally acquired by a purchaser through taking a loan. The promise to repay this loan is backed by a...

REAL ESTATE: Latent & Patent Defects when purchasing a home. Need a home inspection?

Latent defects in the eyes of the law applicable at the time when administering the sale of a real estate property (land, buildings and fixtures or chattels),...

THE BASICS TO LAND TITLE SEARCHES

A title search is conducted during the process of selling or purchasing or acquiring an interest in a property. Its purpose is to find out:If the...

LAND TRANSFER TAX IN ONTARIO: And now the HST!

In Ontario, the land transfer tax has to be paid if land is purchased in the province or an interest in land is acquired therein. This...

BUSINESS SENSE: Commercial Lease Enforcement & Remedies

The lease enforcement or implementation of the agreement between the landlord and the tenant should be deliberately followed to avoid any conflict and discussion. However, there...