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Failure to disclose is often the source of real estate lawsuits
One of the most common reasons for legal trouble in a real estate deal is disclosure. Disclosure-related lawsuits tend to emerge when a purchaser discovers something negative about a home after moving in which should have been revealed under Ontario...
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Buying? Selling Too? Please, Not on the Same Day!
You already own your house, but you have a need to move. Perhaps your family is growing and you need more space. Perhaps you have retired, and you need less space. Perhaps you were relocated for work. Now what do...
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Condominium law restricting rents may affect investors
There is a great deal of news surrounding the rising cost of rent in Canadian cities. However, many condominium owners who seek to earn rental income from Ontario real estate investments are actually in the negative due to the cost of...
3 Things to Know for Prospective Condominium Owners in Ontario
Condominium ownership comes with many benefits. But it also comes with rules and regulations that may govern everything from the cost of monthly maintenance fees to what type (if any) pets you can keep. As a potential condo owner, knowing...
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A Gift is a Gift is a Gift – Gift Letters and Mortgage Down Payments.
Many homebuyers struggle financially to qualify to purchase a home. Often I see this with younger clients. Many young people need a little bit of help to get that first home. If they are lucky, they will have generous parents...
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What is an Irrevocable Date and Why is it Important?
A binding contract requires offer and acceptance and consideration. Generally, an offer can be accepted at any time until it is revoked. In order to not allow an offer to be available for acceptance all Agreements of Purchase and Sale...
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