Real Estate

When the developer next door wants to use your property

With urban land becoming increasingly scarce, many condominium boards will be asked for access to their land when their neighbours want to build or renovate, Toronto condo lawyer John De Vellis tells CondoBusiness . Read more

Condo registry aims to improve efficiency, transparency

A new registry of condominiums across the province will finally paint an accurate picture of condominiums in Ontario, including the identity of all directors and property managers and the number of units, says Toronto condominium and commercial litigator Megan Mackey. Read more

Airbnb-condo deal requires further study: Conant

A deal between Airbnb and a Toronto condominium — believed to be a first in Canada — should be carefully studied to understand the legalities, says Toronto condominium lawyer Armand Conant. Read more

Toronto condos should update residents on short-term rental rules

Toronto condominium boards should update their unit owners about the status of short-term rentals in their buildings after the city voted to regulate the practice, Toronto condominium lawyer Joel Berkovitz tells Read more

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 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

Vancouver Vacancy Tax to impact retirees, purchasers in 2018

Several retirees and companies are likely to be inadvertently caught up in the City of Vancouver’s recent move to tax ‘vacant’ properties, leaving them with few options for continuing to use their apartments and condominiums for extended stays in the city, Vancouver corporate lawyer Jonathan Reilly tells 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 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