Focus On

Real Estate


Friday, July 09, 2021 @ 12:23 PM

Ontario advancing to Step Three of reopening plan on July 16

On July 9, the Ontario government announced the province will be moving “into Step Three of the Roadmap to Reopen at 12:01 a.m. on Friday, July 16.” ... [read more]

Friday, July 09, 2021 @ 9:21 AM

Ontario amends Drainage Act to ‘streamline’ approval process, province says

On July 8, the Ontario government announced amendments to the Drainage Act to “reduce regulatory burden and streamline approvals for farmers, rural landowners and municipalities undertaking drainage projects.” According to a government release, the Drainage Act “is one of the oldest pieces of legislation in Ontario, passed in 1859,” and the most recent changes “mark the first significant amendments made to the legislation since 1975.” ... [read more]

Thursday, July 08, 2021 @ 2:37 PM

B.C. foreign buyer’s tax constitutional, Appeal Court rules Geoffrey Loomer, University of Victoria

The B.C. Court of Appeal has ruled the province’s tax on foreign buyers of real estate to be constitutional, rejecting arguments that it both intruded on federal powers and discriminated against people of Chinese origin. The foreign buyer’s tax was brought in as part of amendments to the provincial Property Transfer Tax Act in 2016 and aimed at cooling the province’s hot housing market. ... [read more]

Wednesday, July 07, 2021 @ 5:42 AM

PLANNING AND DEVELOPMENT - Building regulations - Building permits

Appeals by the City from orders quashing the City’s decisions that the building permits of the respondents had expired under its Bylaw. The respondents each obtained building permits from the City to construct single‑family homes on properties located in the Agricultural Land Reserve known for its moist, loose soil from accumulated silt deposited by the Fraser River. ... [read more]

Tuesday, July 06, 2021 @ 2:39 PM

Real estate agents beware: Commission rebates can be taxable to clients Real estate agent showing property to couple

There are nearly 40,000 real estate agents in Toronto; that is one agent for every 140 Torontonians! In Vancouver, the numbers are even more staggering — one agent for every 61 Vancouverites. In order to stand out from their competitors and attract potential buyers, some agents offer so-called commission rebates (a.k.a. “kickbacks”). ... [read more]

Tuesday, July 06, 2021 @ 8:36 AM

Tribunals Ontario launches online tool to increase access to justice Doug Downey, Attorney General of Ontario

Tribunals Ontario has launched an online tool to help empower users with “tailored information about their rights and responsibilities and the rules and processes at the Landlord and Tenant Board (LTB).” According to the announcement, issued July 2, Navigate Tribunals Ontario “is a part of the Ministry of the Attorney General’s Justice Accelerated Strategy, which is speeding up access to justice and moving more services online.” ... [read more]

Monday, July 05, 2021 @ 9:52 AM

Implications of blockchain for lawyers Bitcoin eroding away

It has been demonstrated that the blockchain, and smart contracts in particular, have the capacity to drastically reduce time and costs associated with centralization. As a result, blockchain poses a threat to many institutions including banks, through the development of decentralized finance (DeFi) and peer-to-peer lending, insurance companies, through parametric insurance and certain types of bureaucracies that are responsible for creation and management of state-issued identifications such as driving licences and passports through projects such as ICON (ICX). ... [read more]

Monday, July 05, 2021 @ 9:03 AM

Secondary wills for real estate that doesn’t require probate Man with calculator and model of house on desk

When a person dies with a will, the appointed executor typically applies for probate to certify the will. One important thing to remember, however, is that probate is not always necessary. It depends on what was in the estate. At common law, “the executor obtains authority, not from the probate, but from the will.” ... [read more]

Friday, July 02, 2021 @ 2:33 PM

How lawyers can can capitalize on smart contract revolution Bitcoin eroding away

The cumulative market cap of cryptocurrencies as an asset class grew around 300 per cent in 2020 to somewhere around $1.5 trillion, with bitcoin (BTC) leading the pack with a market cap of over $1 trillion. However, whilst it is true that BTC dictates and dominates the cryptocurrency market, it is crucial to distinguish BTC and cryptocurrencies themselves from blockchain as an underlying technology. ... [read more]

Friday, July 02, 2021 @ 11:45 AM

Lavery adds two lawyers, two paralegals to team

Lavery Lawyers announced the arrival of four new professionals to its team, Laura Bassal, Marie-Claude Côté, Marc-Étienne Lauzon-Joset and Brandon Yin. ... [read more]