Real Estate

Status certificates invaluable for potential condo buyers

A status certificate provides security for prospective condominium purchasers by alerting them to potential issues that could end up adding to their costs, Toronto real estate lawyer Lisa Laredo tells AdvocateDaily.com. Read more

Canadian cities crack down on Airbnb and others

Toronto City Council has passed new rules to crack down on short-stay accommodations like Airbnb, Toronto real estate lawyer Matthias Duensing tells The Lawyer’s Daily. “Ever since Airbnb disrupted the short-stay accommodation sector by providing a platform by which homeowners can offer in-home accommodations for travellers, cities have been scrambling to deal with its effects on neighbourhoods, and how to regulate the growing and seemingly unstoppable new industry,” writes Duensing, principal of Duensing Law. Read more

Samaroo-Tsaktsiris to discuss how land transfer tax applies to spouses

Toronto real estate lawyer Sarita Samaroo-Tsaktsiris will discuss land transfer tax and how it applies to spouses at an upcoming information session for real estate agents. Read more

Rules for first-time homebuyers tricky for spouses

Determining if you qualify for Ontario’s first-time-homebuyer land transfer tax credit is often confusing for spouses, so it’s best to talk to a residential real estate lawyer before assuming you're entitled to the credit, says Toronto real estate lawyer Sarita Samaroo-Tsaktsiris. Read more

Workplace wellness an issue for firms of all sizes

Small firms can take the lead on workplace wellness, Mississauga real estate and immigration lawyer Jia Junaid tells AdvocateDaily.com. Read more

Couple burned by Buyer Representation Agreement

Purchasers should think twice about signing a Buyer Representation Agreement (BRA) after a family was told they are on the hook for a $37,000 commission despite never closing the deal, says Toronto real estate lawyer Daniel Bernstein. Read more

Mackey thrives on helping resolve condo disputes

The diverse mix of people she meets and helping condo corporations resolve complex issues are the most satisfying parts of the job for Toronto condominium and commercial litigator Megan Mackey. Read more

The dos and don’ts of buying a home

Purchasing a home is demanding and risky, especially for first-time buyers, so it pays to get good legal advice and follow some basic guidelines, says Edmonton real estate and business lawyer Kirk Goodman. Read more

ESA changes will mean higher costs for condo corporations

Condominium corporations should start factoring increased labour costs into their budgets as amendments to Ontario's Employment Standards Act come into effect in the new year, says Toronto labour and employment lawyer John De Vellis. Read more

Prepare for the process or pay the price in pre-construction deals

Purchasers of newly constructed homes need to be wary before they sign on the dotted line, warns Mississauga real estate lawyer Jia Junaid. Read more

Condo corps will face battles with recreational weed

Condominium corporations may consider taking steps to protect condo owners when recreational marijuana becomes legal in Canada next July, Toronto real estate lawyer Lisa Laredo tells AdvocateDaily.com. Read more

Mortgage stress test: the new rules of engagement

The Office of the Superintendent of Financial Institutions (OFSI), which regulates banks and mortgage insurance companies, released further mortgage rules which will come into effect on Jan. 1, 2018, Toronto real estate and licensing lawyer Anar Dewshi writes in The Lawyers Daily. Read more

Proposed legislation to enhance consumer protection: Conant

The provincial government’s plans to amend home warranty legislation is welcome and necessary, says Toronto condominium lawyer Armand Conant. Read more

Beware HST issues in new condo flips

Condo flippers should be prepared for HST issues when they assign purchase contracts for newly constructed units to a third party, says Toronto real estate lawyer Daniel Bernstein. Read more

Conant will talk about condo law at ALOC conference

Toronto condominium lawyer Armand Conant will speak at the annual Association of Law Officers of the Crown /Government of Ontario Educational Conference, being held in Niagara Falls. Read more