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Real Estate

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Tuesday, December 12, 2017 @ 2:37 PM

New Ontario construction laws could make it easier to resolve disputes outside court: experts Jessica Vickerman, Shibley Righton LLP

Ontario has brought in changes to construction laws that observers say will streamline the system, lead to fewer disputes finding their way to the court system and likely ensure fewer delays in construction projects. ... [read more]

Tuesday, December 12, 2017 @ 8:56 AM

CRA investigating ‘shadow flipping’ of Toronto condos condo_flipping_sm

The booming residential real estate market in Canada has caused the Canada Revenue Agency (CRA) to engage in increased scrutiny of the practice of “shadow flipping” or “assignment sales.” This is a sales technique which involves the purchase of prebuilt condos from a developer and subsequent sale to other buyers at higher prices before possession of the condo has been taken. By relying on an assignment clause in the agreement of purchase and sale, the potential purchaser can transfer or sell his interest in the property to another purchaser before the closing date at a profit.   ... [read more]

Friday, December 08, 2017 @ 12:14 PM

Information on property sales must be made publicly available: Federal Court of Appeal

The Federal Court of Appeal has ruled against the Toronto Real Estate Board in its attempts to keep information from its listing service private, a decision the board is vowing to take to the Supreme Court of Canada. ... [read more]

Wednesday, December 06, 2017 @ 10:16 AM

REGISTRATION OF DOCUMENTS - Registrars - Duties - Register instruments

Appeal by the Minister of Transportation and Infrastructure (Minister) from a decision of the Registrar of the Victoria Land Title Office declining to register a plan filed by the Minister. ... [read more]

Wednesday, November 29, 2017 @ 8:35 AM

The perils of purchasing pre-construction condominiums pre_construction_sm

On Nov. 9, CBC News reported that land developer Castlepoint Numa could secure neither construction financing nor municipal development approvals for its Museum FLTS condominium project in Toronto’s Junction Triangle. The developer returned deposits to more than 100 purchasers and shut down the project. ... [read more]

Monday, November 27, 2017 @ 8:31 AM

CIVIL EVIDENCE - Methods of proof - Judicial notice - Of facts

Appeal by the condominium unit owner from a decision of the chambers judge to reduce the apportionment of the sale proceeds to 14 units out of a total of 188 units. ... [read more]

Wednesday, November 22, 2017 @ 10:50 AM

Disagreement on legal remedies for ongoing bad tenant problem Joe_Hoffer_sm

Vexing and at times even vexatious, so-called “professional tenants” are well known to advocates on both sides of the landlord-tenant divide. But as any landlord caught in one of these horror stories knows, pinning them down under the present rules can be a drawn-out, draining process. ... [read more]

Tuesday, November 21, 2017 @ 8:39 AM

REAL ESTATE AGENTS AND BROKERS - Liability - Types of - Breach of contractual duties

Appeal by Anderson from a Court of Queen’s Bench decision finding Anderson caused a loss, along with the other parties, related to representation on a sale of residential property. ... [read more]

Monday, November 20, 2017 @ 8:33 AM

Early action key when expropriating condominium common elements

A number of large, publicly funded infrastructure projects are currently underway in Ontario. These include multiple year transit initiatives such as the Mississauga and Ottawa light rail transit system. Given their mostly urban locations, a number of expropriations associated with such projects will inevitably involve condominium common elements. The expropriation of common elements presents unusual complications. ... [read more]

Friday, November 17, 2017 @ 8:30 AM

Reducing vacate clauses in B.C. residential tenancy agreements

In response to British Columbia’s red-hot real estate market, various levels of government have taken measures to mediate the growth of the residential market and to address public concerns regarding perceived loopholes related to rental regulations. One such measure includes Bill 16, the Tenancy Statutes Amendment Act, 2017. Should Bill-16 become law, it will significantly impact residential landlords and developers. ... [read more]