Tag: property
Tag: property
COMMERCIAL LEASING: Fundamental Breach and Exclusion Clauses
The second instalment in our review of the emerging trends in commercial lease jurisprudence is evident in the lawsuit relating to HREIT Holdings 45 Corp. v....
COMMERCIAL LEASING: The Reality about Realty Taxes
It would appear from the papers reviewed so far in this series that the emphasis was on Commercial Law jurisprudence. There are instances, however, where matters...
COMMERCIAL LEASING: How the Court Applies Equitable Remedies
There have been some interesting developments in commercial leasing law over the last year, among which can be seen important trends in commercial leasing jurisprudence.Equitable RemediesIt...
ENVIRONMENTAL LAW: Your responsibility and your neighbor’s
How clean is greenThe proverbial question relating to environmental contamination is the extent of the clean-up that needs to be undertaken. Considerable time and resources have been...
BUYING A RESIDENTIAL INCOME PROPERTY – A Primer
With the Ontario real estate market demonstrating continued resilience, many people are still putting their confidence in real estate as an investment option across Ontario. These...
The Income Tax Consequences for Selling Real Estate in Canada as a Non-Resident
Under section 116 of the Canadian Income Tax Act, non-resident vendors disposing of certain taxable Canadian property (partially listed below) are to notify the Canada Revenue...
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),...
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...
LAND TRANSFER TAX – Avoiding the tax, Trustee to Beneficiary
A client came into see me and wanted to transfer title to his property from his parents name to his and his wife. He was concerned...