by James R.G. Cook | Mar 31, 2021 | Featured, Legal Issues
It is not uncommon for non-lakefront cottage properties in Ontario to have access to the water via a right-of-way (ROW). ROWs may be registered on title or acquired by law (prescription) after an extended period of time. Some ROWs are expressly limited to pedestrian...
by Martin Rumack | Mar 23, 2021 | Advice for Agents, Featured, Legal Issues
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...
by Shaneka Shaw Taylor | Mar 3, 2021 | Featured, Legal Issues
The design of MLS listings strongly encourage real estate agents and their sellers to share as much information about a property as possible, including the measurements of each room and overall size of the property. By and large, the inclusion of property size...
by Afshin Yazdani | Mar 2, 2021 | Legal Issues
In April 2017, the Government of Ontario introduced the Non-Resident Speculation Tax (NRST), which is applied to foreign and non-resident property buyers as a measure to control the real estate market in the Greater Golden Horseshoe Area.* The 15 per cent tax applies...
by James R.G. Cook | Feb 24, 2021 | Featured, Legal Issues
The owners of a cottage in Muskoka, Ont. recently obtained judgment against the local township for $361,875, resulting from the township’s failure to properly inspect construction after a building permit had been issued: Breen v. The Corporation of the Township of...
by Shaneka Shaw Taylor | Feb 12, 2021 | Featured, Legal Issues
When a purchaser fails to close a real estate transaction, in addition to showing that the seller was ready, willing and able to close on the scheduled closing date, in order to obtain judgment for any losses the seller may have suffered, the seller is required to...