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Status Certificates and Fulsome Disclosure: Why One Condo Unit Owner is Exempt from Paying Special Assessment Fees

A recent judgement from the Ontario Superior Court of Justice reinforces the importance of status certificates and their role in protecting buyers, se...
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Licence Revoked! Ontario Developer Banned from Building or Selling Homes After Engaging in a Series of Illegal and Unethical Activities

Pinetree Developers Inc. (“Pinetree”) is no longer allowed to build or sell homes in Ontario after the Home Construction Regulatory Author...
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Impacts on Business Corporations of the Less Red Tape, Stronger Economy Act, 2023, S.O. 2023, c.9 (the “Act”)

Schedule 4 of the Act makes several amendments to the Business Corporations Act, R.S.O. 1990, c. B.16 (the “OBCA”). The bulk of these amen...
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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...
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Husband Ordered to Pay Wife $1 million in Costs

In a recent Ontario court decision, Lakhtakia v Mehra, 2023 ONSC 539, the husband’s egregious conduct resulted in a shocking costs award of $950...
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Assignment of Rents in Residential Real Estate Transactions

When discussing a mortgage product with your broker, you will be required to disclose certain information so that the mortgage may be crafted in accor...
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The Corporate Minute Book and Maintenance

You may have heard that corporations are required to maintain minute books, but what is a “minute book” and why does a corporation need on...
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Ontario’s Plan to Dissolve Peel May Signal What’s Next for the Region of Waterloo

The Ontario government recently announced its intent to split up the Regional Municipality of Peel. The move would leave Mississauga, Brampton, and Ca...
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Supreme Court of Canada Maintains Finding: Breach of Contract Due to Purchaser’s Failure to Close on Property

Last month, the Supreme Court of Canada dismissed with costs an application for leave related to Teefy Developments (Bathurst Glen) Limited v Su...
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So, You Want to Buy a Waterfront Property?

Five things to consider before you purchase a cottage, recreational property, or waterfront home. While the average person may be familiar with the standard residential resale transaction, most buyers are unfamiliar with the factors involved in pur...
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Toronto Adopts New Zoning and By-law Amendments Allowing Four-Unit Multiplexes City-Wide

Last year, we posted an article on the role of inclusionary zoning and its impact on residential developments. We also posted a follow-up article...
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ONTARIO NOT-FOR-PROFIT CORPORATIONS ACT

WHAT IS THE ONTARIO NOT-FOR-PROFIT CORPORATIONS ACT? While the Ontario Not-for-Profit Corporations Act, 2010, S.O. 2010, c. 15 (the “ONCA”...
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Whose (Copy)Rights Are They, Anyway?

Intellectual property (“IP”) refers to creations of the mind: inventions, artistic and literary works, symbols, designs, names, and images...
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What Bill 97, Helping Homebuyers, Protecting Tenants Act, 2023 Might Mean for Developers

Ontario has announced new policy and legislative changes that are intended to address housing supply and affordability. On April 6, 2023, the provinci...
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Different Types of Mortgages: Which is Right for You?

One of the most significant acquisitions that an individual will make during their lifetime is a purchase of a home, which is both incredibly exciting...
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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...
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Is it a gift or a loan?

A consideration of the parent’s contribution toward their adult child’s downpayment. As the costs associated with homeownership increase, more parents are assisting their adult children with a contribution toward the downpayment. Where...
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Divorce Act Promotes Collaborative Law and Mediation:

There has been a trend towards resolving issues in a separation, which may include property division, spousal support, parenting issues and child supp...
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New Incentive: Tax Free First Time Home-Buyers Savings Account Program

Last spring we wrote an article about several incentives available to first time homebuyers, as laid out in the Federal Budget 2022. Notably, the...
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Using a Secondary Will to Exclude a ‘First Dealings’ Property from Probate Tax

Before an estate can dispose of property, the Ontario Land Registry Office ("LRO") generally requires executors to obtain a Certificate of Appointment...
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