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Article

Recent case law reinforces the importance of a Section 98 Agreement

In Waterloo Standard Condominium Corporation No. 399 v. Lee et al., 2003 ONSC 3807, Ms. Yi Juan Lee and her son, Mr. Tzu Archie Yu, owned a condominiu...
Jul 2023
Article

Grkavac v. Basnet, 2023 - failure to close a real estate transaction

In the recent case Grkavac v. Basnet, 2023 ONSC 3823 from the Ontario Superior Court of Justice in Ontario, the plaintiffs, Milan Grkavac and Des...
Jul 2023
Article

The Federal Government Intends to Lower the Criminal Interest Rate to 35%

The criminal interest rate in Canada is currently set at 60% per year, as outlined in the Criminal Code of Canada Section 347(2). On March 28, 2023 th...
Apr 2023
Article

Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act

Four things you need to know. In the past few months we have posted several articles (original article and update), on the introduction of the Prohibition on the Purchase of Reside...
Apr 2023
Article

2023 Federal Budget Highlights

The Finance Minister, Chrystia Freeland, has tabled the 2023 federal budget aimed at tackling the affordability crisis in the country. One of the mai...
Mar 2023
Article

A case on Adverse Possession - a 200 year old lawyer disrupts a modern condo development

185 King Developments Inc. v Tewson, 2022 ONSC 6776 is a recent case which involved a dispute over the ownership of a strip of land beside a building ...
Mar 2023
Article

Purchasing a Pre-Construction Condo in Ontario— Interim Occupancy versus Final Closing

When purchasing a pre-construction condominium, as opposed to a resale unit, there are a variety of important differences. Perhaps the most important ...
Jan 2023
Article

January 1, 2023 – An Update to the Prohibition on the Purchase of Residential Property by Non-Canadians Act

Now in force, further details on the Act announced. April 4th—This Act has been amended. Click here to read our article on these changes.  Making headlines this week, the legislation pro...
Jan 2023
Article

Industry Warning: Prepare for the Prohibition on the Purchase of Residential Property by Non-Canadians Act

A Federal effort to combat a housing unaffordability crisis January 6th – A follow up article on this Act has been posted. Click here to read.  April 4th—This Act has been amended. Click&n...
Oct 2022
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