by Matt Maurer | Aug 9, 2016 | Featured, Legal Issues
The Ontario Divisional Court has overturned a decision of the Financial Services Tribunal in which the tribunal revoked a mortgage broker’s license because the tribunal failed to give sufficient consideration to lesser penalties before revoking the license. On two...
by Martin Rumack | Jul 26, 2016 | Advice for Agents, Featured, Legal Issues
At its essence, an assignment of an Agreement of Purchase and Sale – informally known as “flipping a home” – is a simple concept: A buyer of a new home allows someone else to take over the purchase contract, which allows that person to buy the home. More specifically,...
by Matt Maurer | Jul 21, 2016 | Columnists, Featured, Legal Issues
I’ve written a number of posts lately about Ontario tenants who abuse the system and the calls from the judiciary to have tenancy laws reformed. A decision released recently is another all-too-familiar example of how residential tenants can game the system to their...
by Bob Aaron | Jun 16, 2016 | Columnists, Featured, Legal Issues
With cottage buying season underway, now is a good time to recall that a property survey is the single most important document in the whole process. If the cottage building is sitting on land owned by the Crown or a local municipality or a neighbour, the otherwise...
by Matt Maurer | Jun 14, 2016 | Featured, Legal Issues
A panel of three Divisional Court judges in Ontario has overturned a decision of the Landlord and Tenant Board (LLTB) and ruled that a landlord is prohibited from terminating the tenancy relationship with his tenant until she dies. The landlord and tenant are brother...
by Matt Maurer | May 9, 2016 | Legal Issues
An Ontario Superior Court Judge has expressed his hope that legislative changes will be made to stop unscrupulous tenants from “gaming the system”. The facts of the case are straightforward and rather appalling. The tenant entered into an agreement to...
