by Natalka Falcomer | Aug 13, 2019 | Featured, Legal Issues
There is a general misconception that residential tenants may terminate their leases at will, without consequences or without any specific notice requirements. This simply isn’t true and can lead to financial consequences for the tenant. If the tenant leaves without...
by Shaneka Shaw Taylor | Aug 8, 2019 | Advice for Agents, Featured, Legal Issues
The spring and summer of 2017 saw one of the hottest real estate housing markets in the Greater Toronto Area. According to the Toronto Real Estate Board, the average year-over-year sale price increased by six per cent. Buyers and sellers scrambled to take advantage of...
by MarkWeisleder | Jul 23, 2019 | Advice for Agents, Featured, Legal Issues
I am constantly asked for advice about whether Airbnb is permitted and if the guests can be considered tenants. These are not easy questions to answer. What are the rules for Airbnb? Every city will set its own rules for renting out all or part of a property on Airbnb...
by Natalka Falcomer | Jul 16, 2019 | Columnists, Featured, Legal Issues
Maybe it’s the new flight service by Porter Airlines to Muskoka or maybe it’s the smog that’s prompting Torontonians to move from the hustle and bustle of the city to set up a life in cottage country. Or maybe (and more likely) it’s the cost of a home in the city....
by Natalka Falcomer | Jun 28, 2019 | Featured, Legal Issues
The interpretation of a “standard” clause by the court is always a coin toss. This is especially true as it relates to interpreting representations and warranties, as the decision in Beatty v Wei highlights. Beatty v. Wei, 2018 ONCA 479 involved the sale of a...
by Avi Rosen | Jun 24, 2019 | Legal Issues
Many agents come to our office with this problem. The agent has executed an Agreement of Purchase and Sale while there is a tenant on the premises and the purchaser wants vacant possession. We were initially retained to defend a client on a matter of unauthorized...