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Assignment of New Home Agreements
The 2022 Federal Budget was tabled on April 7, 2022 (the “Budget”). Given the growing demand for new homes, it comes as little surprise that the government has proposed various new rules aimed at addressing affordability in the real estate...
A homebuyer’s guide to home inspection reports
Congratulations! You have just purchased a property and it is conditional on inspection by a home inspector. What happens when you receive your home inspection report and there are one… two… ten… fifty things wrong with the property? What do you do? ...
Updated Repair and Warranty Deadlines for New Home Builders and Buyers
On July 6, 2020, Tarion announced the reinstatement of certain statutory timelines that had previously been suspended pursuant to Ontario’s Emergency Order. Builders and buyers should take note that the following rules will apply to builder repairs, warranty submission timelines,...
The Federal Home Equity Capital Gains Tax
As federal and provincial government deficits skyrocket due to COVID-19 support payouts such as the CERB, governments at all levels will be searching for new revenue sources in the not-so-distant future to try and balance budgets. One way to accomplish...
