by Shaneka Shaw Taylor | Mar 6, 2020 | Featured, Legal Issues
The Ontario Court of Appeal’s ruling in Benedetto v. 2453912 Ontario Inc. is set to dampen the hopes of buyers looking to shield their deposits in the purchase of property through a corporation. In this case, the court decided that the use of the phrase “without any...
by Connie Adair | Feb 25, 2020 | Legal Issues
Along with a will, there are three other separate free-standing documents you need to have to protect your family: two types of powers of attorney (financial and medical) and a living will, also known as an advance care directive. Many people think they don’t need a...
by Natalka Falcomer | Feb 11, 2020 | Legal Issues
There is a big legal difference between a sublease and an assignment and recent case law reminds us why. In V Hazelton Limited v. Perfect Smile Dental Inc., the tenant, with the landlord’s permission, decided to relocate his business and sublease his unit to a...
by Martin Rumack | Jan 28, 2020 | Advice for Agents, Columnists, Legal Issues
I am often asked to discuss the start of a home-based business. Most provinces (hopefully including Ontario soon) allow real estate professionals to set up personal real estate corporations. But for other businesses, if you have a client who is thinking of operating a...
by Shaneka Shaw Taylor | Jan 20, 2020 | Featured, Legal Issues
Receiving a commission is every agent’s expectation when their efforts result in the lease or sale of a property. In Ngai v. Fufa Limited, the Ontario Superior Court of Justice decided that notwithstanding the agents’ efforts in attempting to negotiate a deal, the...
by Bob Aaron | Jan 7, 2020 | Columnists, Featured, Legal Issues
How does an interested buyer know if a home’s basement apartment is legal? And what information about basement apartments must real estate agents provide to buyers? Mohamed came to my office last month with an agreement to purchase a two-unit house in Kitchener, Ont....
