by David J Rotfleisch | Aug 12, 2021 | Featured, Legal Issues
The foreign buyers tax is a property transfer tax in Ontario and British Columbia. The tax is imposed by the provincial governments under their land transfer tax statutes. It is payable in addition to the normal land transfer tax. The tax is payable by a “foreign...
by Harjot Atwal | Aug 10, 2021 | Featured, Legal Issues
As a lawyer, when advising buyers of pre-construction homes or condominium units just after they have signed an agreement, I always start off the consultation by saying the same thing. These Agreements Of Purchase And Sale (APS) are very one-sided in the builder’s...
by Shaneka Shaw Taylor | Aug 3, 2021 | Featured, Legal Issues
When entering into an Agreement of Purchase and Sale (APS) for a property, buyers and sellers must remain cognizant of the precise language used and conditions they need to follow for an offer to be binding. If they neglect to do so, they run the risk of seeing their...
by Nathalie Boutet | Jul 30, 2021 | Featured, Legal Issues
When the leading ladies of Netflix’s hit sitcom Grace & Frankie (portrayed by Jane Fonda and Lily Tomlin) found out their husbands had been romantically involved for the past 20 years, they decided to pack their bags and move into the gorgeous family beach house....
by James R.G. Cook | Jul 26, 2021 | Featured, Legal Issues
In the real estate industry, relationships between buyers and their real estate agent are often governed by a written Buyers Representation Agreement (BRA). A BRA usually contains a series of standard form terms, including a term that the buyers will not use the...
by James R.G. Cook | Jul 16, 2021 | Featured, Legal Issues
Sales of new condominiums and townhouses may sometimes allow a buyer to move into a unit on an “interim occupancy date”, which may be several months before the purchase is scheduled to be finally completed. In such cases, buyers may have to pay interest on the unpaid...
