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6 things to consider when renting property

6 things to consider when renting property

There are many factors to take into consideration when renting out a spare room or an unoccupied residence. Landlords and property managers want to attract respectful and dependable tenants, but in order to do so, they must go beyond just listing their property and...
Insurance company’s duty to defend

Insurance company’s duty to defend

Often lawyers, architects, engineers, accountants, real estate agents and brokers or other professionals are sued for professional malpractice and want to assert a counterclaim against the claimant for unpaid fees. In an American professional liability case, the...
Beware the gross revenue report clause

Beware the gross revenue report clause

I’ve had the opportunity to meet with numerous agents and lawyers who specialize in commercial leasing and they’ve all said the same thing: it’s a tedious, difficult and boring job to read a full lease, but it’s necessary. Why? There’s always a risk that something’s...
Opinion: Canada’s rental housing crisis

Opinion: Canada’s rental housing crisis

Canada Mortgage and Housing Corp. (CMHC) states that a person who spends more than 30 per cent of their income on shelter can’t sustain their residence. CMHC put 26.4 per cent of Canada’s renters and 6.5 per cent of homeowners in that category in 2011. Costs are...