Real Estate

Bill 165, Licensed Home Inspectors Act, 2016

By Daniel Bernstein . Ontario first started discussing plans to license home inspectors back in 2013, when it assembled a panel of experts to draft a report. The panel made a number of recommendations, including that inspectors be required to pass a written exam and a field test in order to become licensed. The panel also recommended having a single, clearly defined standard for all home inspections. The results of these recommendations has resulted in Bill 165 which has not yet passed into law but once passed will be called the Licensed Home Inspectors Act. Read more

Legal review critical in real-estate assignments

Those thinking about purchasing from a third party that's flipping their new construction condo or home prior to taking possession should have a lawyer review their assignment agreements and the original purchase agreements to ensure they’re within their legal rights to do so, says Toronto real estate lawyer Sarita Samaroo-Tsaktsiris. Read more

Check with condo board before decking halls

Toronto real estate lawyer Lisa Laredo advises condo owners to check with their boards on the guidelines for holiday adornments before stringing up lights and holiday decorations. Read more

Respect key to success of co-counsel arrangement

In certain matters, clients may benefit from a co-counsel setting where lawyers tackle different aspects of the case — but the success of these arrangements depends on mutual respect and compromise, Toronto lawyers Armand Conant , Bill Northcote and Joel Berkovitz tell Lawyers Weekly . Read more

Double-ended housing deals highlight need for reform

A recent CBC investigation that showed some real estate agents “double-ending” deals in an effort to boost their commissions points to the need for tighter regulation of the industry, says Toronto real estate lawyer Anar Dewshi. Read more

Industry hoping for phasing in of new condo laws

Although their efforts may not be visible to the public, the government is hard at work at drafting the regulations for Bill 106 — which encompasses the Protecting Condominium Owners Act, 2015 and the Condominium Management Services Act, 2015 . It is hoped that the regulations will be in place by mid to late 2017, Toronto condominium lawyer Armand Conant says in CondoBusiness . Read more

Breaching contracts comes with hefty price

A recent decision from Ontario’s Superior Court shows that when buyers breach the terms of a purchase agreement in commercial real estate deals they run the risk of forfeiting their deposit, says Toronto real estate lawyer Daniel Bernstein. Read more

Toronto faces challenges to license landlords and control AirBnBs

Any bylaws introduced to licence landlords and control the proliferation of AirBnB units in Toronto will almost certainly face legal hurdles and court challenges, says Toronto real estate lawyer Peter Neilson. Read more

Toronto: match land transfer tax rebate or lose to the suburbs

The City of Toronto should match the province's land transfer tax rebate to first-time homebuyers or it faces losing more of its tax base to the suburbs, says Toronto real estate lawyer Blair Drummie . Read more

Court-appointed administrator important tool for condo owners

Serving a role that is critical as a last consumer protection for unit owners, court-appointed administrators for condo corporations are, in the right circumstances, a friend rather than a foe to the buildings they administer, Toronto condominium lawyer Armand Conant writes in Condo Voice magazine. Read more

Don't waive your right to a home inspection

As tempting as it may be to make an offer with no conditions in this red-hot housing market, Toronto real estate lawyer Sarita Samaroo-Tsaktsiris says it’s unwise to do so, particularly when it comes to a home inspection. Read more

Conduct due diligence, negotiate before signing commercial lease

Toronto business lawyer Anton Katz says there are multiple clauses and conditions that can be negotiated in a commercial lease agreement and, as such, it’s key for prospective tenants to seek legal advice before signing an offer. Read more

Shibley Righton LLP lawyers to share insights at Condominium Conference

Toronto condominium lawyers Armand Conant, Deborah Howden and John De Vellis are set to present at the upcoming 20th annual Condominium Conference, hosted by the Association of Condominium Managers of Ontario and the Toronto and area chapter of the Canadian Condominium Institute. Read more

Honesty key when defending negligent misrepresentation claim

Although a recent case shows that any breakdown in the test required to establish negligent misrepresentation in a real estate transaction will result in a failed claim, honesty is still the best policy when it comes to defending this type of accusation, Toronto real estate lawyer Lisa Laredo tells Law Times . Read more

Buying a freehold or condo checklist

By Lisa Laredo . Here is a list of things that should be included in your contract of services to be performed by your lawyer when you make condominium or freehold home purchases: Read more