Real Estate
Institute for Divorce Financial Analysts™ (IDFA)
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Transparency needed with rent control provisions

By Lisa Laredo The rules relating to rent in the Residential Tenancies Act do not apply to rental units where no part of the building was occupied for residential purposes ... Read more

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Monster home permit error highlights planning policy issues

A “monster home” that the City of Brampton has ordered demolished after a permitting error highlights the often complicated and contentious issues of public planning policy, says ... Read more

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B.C. landlord-tenant case highlights need for legislation review

A recent case in British Columbia involving a tenant who never paid rent and allegedly worked the system to delay eviction is another example of why landlord-tenant legislation ... Read more

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Information statements and the obligations of realtors

By Shari Elliott I am often asked what my opinion is on whether Seller Property Information Statements (SPIS) should be used in a real estate transaction. This question has ... Read more

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Why ‘rent-to-own’ arrangements don’t work

By Lisa Laredo Many years ago, you occasionally saw long term agreements of purchase and sale in which purchaser A agreed to purchase a certain property from vendor B at a fixed ... Read more

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Does irrevocable mean irrevocable?

By Shari Elliott I have been asked on more than one occasion by real estate agents if they can withdraw an offer after it has been submitted and prior to the irrevocable date ... Read more

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Prevention strategy key in curbing real estate fraud

Prevention should be a key component in the Law Society of Upper Canada's plan to curb the large number of real estate fraud cases it sees, Toronto real estate lawyer Karen ... Read more

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Review hot water tank rental contract

By Shari Elliott A new trend which is becoming more common in residential purchase agreements is for purchasers not to automatically agree to assume the hot water tank rental. ... Read more

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Scarcity of law exists for stigmatized properties

In Ontario, sellers and real estate agents are under no legislative obligation to disclose information about murders, suicides or other negative events that may have transpired on ... Read more

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Dissecting the document that binds real estate deals

By Shari Elliott This month I have chosen to focus on some commonly asked questions related to the agreement of purchase and sale. The first article deals with agreements that ... Read more

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Disclosing information to buyers not an issue of if, but when

The definition of “material fact” in the Real Estate and Business Brokers Act’s Code of Ethics regulation should be amended to add clarity, says Barrie real estate lawyer ... Read more

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Landlords must protect their property

The priority for landlords in disputes with their tenants is to protect their property, Barrie real estate lawyer Shari Elliott  tells Law Times .  Read Law Times ... Read more

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A look back at the top issues from summer 2012

By Shari Elliott What follows is a list of the top issues that stood out in the summer of 2012. 1. Surveys Some examples of clauses that are commonly used which can ... Read more

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The document dilemma faced by lawyers

By Lisa Laredo Drafting legal documents is in every lawyer’s job description, and a dilemma exists within this essential task. In most cases, this paperwork becomes too ... Read more

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Consider terms of exit agreement before purchase

By Shari Elliott This month I have reviewed two situations, both dealing with tenant relationships. The first is the traditional tenant relationship of landlord and ... Read more

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What if the property you're purchasing has a tenant?

By Shari Elliott In a file that I recently encountered I made a suggestion for an amendment to the agreement of purchase and sale due to the fact that there was a tenant ... Read more

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Stopping the unscrupulous tenant from working the system

By Lisa Laredo Ontario's Residential Tenancies Act includes, as one of its purposes, the protection of tenants from unlawful evictions. Accordingly, the Act has set ... Read more

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The importance of home inspections in today’s market

By Shari Elliott A recent story about a property owner in Woodbridge, Sydney Walters, highlights the importance of a home inspection. But even more than the need for a ... Read more

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Feds force Canadians to lower debt via regulatory changes – again

By Shari Elliott  and Hayley Valleau On July 9 the mortgage lending rules will be tightened once again in order to gain control of the rising household debt levels in ... Read more

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Toronto's land transfer tax: nothing much will change

By L isa Laredo Several years ago, the City of Toronto implemented a municipal land transfer tax. This tax mimicked the provincial land transfer tax which has been ... Read more

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