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Mortgage lender research key to fraud prevention

When it comes to avoiding real estate fraud, it is important for third-party lenders to make the necessary inquiries to determine that there are no prior undisclosed mortgages, ... Read more

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OCA provides guidance on interpreting title insurance policies

An Ontario Court of Appeal decision ordering a title insurer to cover the claim of a Toronto couple when their house was declared unsafe provides clear guidance for lawyers on ... Read more

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New home buyers beware interest rate differential penalty: Drummie

Toronto real estate lawyer Blair Drummie has a word of caution for new home buyers involving the Interest Rate Differential (IRD) penalty that banks charge for ending your ... Read more

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Laredo welcomes Tarion Warranty Corp. review

Toronto real estate lawyer Lisa Laredo tells Law Times says the Ontario government’s announcement that it will conduct a review of Tarion Warranty Corp. and the ... Read more

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Purchasing real estate online poses legal, public policy concerns

By Lisa Laredo Canada-wide real estate search site BuzzBuzzHome says it will soon launch a service where a potential buyer of a yet-to-be-built condominium can peruse ... Read more

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Fortis to co-chair Real Property Law program at OBA Institute 2016

On Feb. 4, greater Toronto-area real estate lawyer  Andrew Fortis will co-chair the program on Real Property Law at this year’s Ontario Bar Association Institute. ... Read more

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OCA tasks title insurer with coverage over structural damage

A recent Ontario Court of Appeal decision ordering a title insurance company to cover the claim of a Toronto couple when their house was declared unsafe is based on sound ... Read more

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New CMHC rule could have impact in Toronto, Vancouver markets

With the announcement the federal government is boosting the minimum down payment for higher-priced homes in Canada, it will likely be the Toronto and Vancouver housing markets ... Read more

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Proceed without a survey at your own risk

When it comes to making one of the biggest financial transactions of your life, it's prudent to spend the extra time and money to hire a land surveyor before purchasing a ... Read more

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Including chattels in contract key for home buyers

A recent Superior Court case that found a realtor had taken items from a house he was selling serves as a reminder for buyers of the importance of including chattels in the ... Read more

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Conant to discuss Bill 106 at Condominium Conference

Toronto condominium lawyer  Armand Conant will share his insights into the latest updates related to Bill 106 at the 19 th Annual Condominium Conference later this month. ... Read more

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Bill 106 changes 'big step forward' for Ontario condo industry

For condominium directors, the balancing act between running a not-for-profit corporation and sustaining a community for families is not easy — but there is hope that the ... Read more

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Howden to moderate panel on condo health and safety

Toronto litigation lawyer  Deborah Howden will be sharing her thoughts on condo health and safety at the upcoming 19 th Annual Condominium Conference. On Nov. 13 ... Read more

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Compensation not guaranteed for delayed occupancy

While the Tarion Warranty Corporation requires that a delayed occupancy warranty be attached to every agreement of purchase and sale of a newly constructed dwelling, the nature ... Read more

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Beware of 'quirky' issues when buying, selling cottage

As cottage season draws to a close and sellers become more motivated to list their properties, it’s important to note that buying and selling a cottage can present a number ... Read more

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CRA increasing scrutiny on condo corporation activities

Although condominium corporations have long been treated as tax-exempt not-for-profit corporations — free to carry on their activities as long as they submit an annual ... Read more

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Rising fees, urgent repairs may impact resale of condo units

A steep rise in monthly fees to cover urgent repairs — including falling concrete, faulty elevators and toxic mould — at an Etobicoke condominium is “every ... Read more

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No shame in new lawyers saying 'I don't know'

New lawyers building up credibility with clients should not be afraid to say three words rarely uttered in the profession — “I don’t know,” Toronto real ... Read more

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Legislation aims to crackdown on ‘phantom’ offers

New rules around so-called “phantom bids” will make it easier to take action against agents who falsify or fabricate information or documents, Toronto real estate ... Read more

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E-cigs pose concerns for condo corporations

Loosely regulated electronic cigarettes pose concerns for both condominium board members and residents, write Toronto lawyers Armand Conant and Joel Berkovitz in ... Read more

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