There’s no doubt about it: the market for recreational properties continues to boom even though there are some signs of a slight slowdown. In the past year, there has been a sharp and palpable rise in activity. Maybe it’s simply tied to the overall uptick in the...
Even for those who have a full understanding of what a mortgage is, the term “reverse mortgage” may be unfamiliar to many Canadians. This article intends to provide the high-level basics. What is it? Like regular mortgages, a reverse mortgage is simply a loan secured...
Estates law in Ontario has undergone a noteworthy change: There has been a sizeable increase to the value of what is known as a surviving spouse’s “preferential share” of the other spouse’s estate. It’s a particularly significant development if you are a married...
The COVID-19 crisis has resulted in an economic downturn, job losses – and for some, it may have prompted a sharp drop in the value of their existing assets and investments. Many people have had to reflect on new ways to generate income to make ends meet and cover...
An Agreement of Purchase and Sale is just like any other legal contract: Once duly signed, it is binding and must be honoured according to its terms. If either party fails to do so, the repercussions can be costly. In a recent case, Datta v. Eze, the seller of a home...
