The FINTRAC updates announced on June 1, 2021 must be complied with by real estate agents and brokerages across Canada starting on April 1, 2022. Here are answers to five of the most frequently asked questions I receive when conducting FINTRAC updates for brokerages...
The Ontario Government recently announced that The Protecting Tenants and Strengthening Community Housing Act (Bill 184) affecting residential tenancies is now law. The emergency stay of eviction proceedings expired for the most part on July 31. Based on the reaction...
During this difficult time of isolation due to COVID-19, everyone must do what they can to make sure buyers and sellers can still successfully enter into and complete their real estate contracts. Here are five questions and answers about real estate deals as they...
In Ontario, real estate deals are supposed to close by 5 p.m., since that is when the government registration system shuts down. By 5 p.m., the buyer lawyer is supposed to have sent the required paperwork and money to the seller lawyer trust account and the seller...
The long-awaited changes to the real estate agent and brokerage community in Ontario just had its initial release, mostly to positive reviews from the industry. The draft bill to change the Real Estate and Business Brokers Act, 2002 has not yet been approved and...
