Tag: Real Estate Law
Tag: Real Estate Law
Agreements of Purchase and Sale: Fixtures, Chattels and Rental Items
Fixtures and chattelsThe specification of chattels versus fixtures happens to be one of the more contentious issues arising in a real estate transaction. To recap past...
Describing the Property in your Agreement of Purchase and Sale
The property that is the subject of the Agreement of Purchase and Sale must be identified in the Agreement. The municipal address is the first component...
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...
The Duty to Disclose Property Defects
This question often comes up with clients: Are we required to disclose latent defects in the property we are selling?A latent defect is a defect that...
MORTGAGE DEFAULT: Power of Sale or Foreclosure?
Although generally the real estate market in Ontario has been robust, the frenzied market of the past has caused an increase in mortgage defaults as a...
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...
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...
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 – 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...