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Friday, February 12, 2021 @ 12:21 PM

Understanding title insurance: Overall benefits, necessity Little green house with keys attached to roof

“Saving lives one claim at a time.” Although this witty slogan is likely meant to poke fun at life insurance, the articles in this five-part series have examined the various protective functions that title insurance performs for property owners, mortgagees and their respective lawyers alike. ... [read more]

Thursday, February 11, 2021 @ 1:26 PM

Stop making fun of lawyers, even when they are cats | Alistair Vigier

Over the past two days, since the “cat attorney” video went viral, the many videos of it collectively have over 13 million views. For those that haven’t seen it, here it is. ... [read more]

Thursday, February 11, 2021 @ 9:36 AM - Last Updated: Tuesday, February 16, 2021 @ 11:57 AM

Consumer group concerned about effectiveness of new home construction regulator Karen Somerville, president, Canadians for Properly Built Homes

A consumer protection organization for new homebuyers is warning that Ontario’s recently launched Home Construction Regulatory Authority (HCRA) is already making some of the same mistakes as its predecessor agency, Tarion, which was criticized by the province’s auditor general in 2019 for favouring homebuilders over buyers. ... [read more]

Wednesday, February 10, 2021 @ 2:42 PM

Feds to invest billions in transit projects over eight years Justin Trudeau, Prime Minister of Canada

Canada’s government is investing almost $15 billion for new public transit projects as part of the aim to restart the country’s economy following widespread shutdowns due to COVID-19. But the lion’s share of that money will reportedly not be seen until 2026. ... [read more]

Wednesday, February 10, 2021 @ 8:29 AM

Penny-wise, pound-foolishness in arbitration Man falling off caution sign

Writing for the B.C. Court of Appeal in Nolin v. Ramirez 2020 BCCA 274, Justice Elizabeth Bennett, with the concurrence of Justices Mary Saunders and David Harris, observed at the outset that: ... [read more]

Tuesday, February 09, 2021 @ 1:30 PM

The Coach: Small firm succession planning part two | Gary Mitchell

In part one of this column, I covered the first three steps to succession planning: deciding on your timeline for retirement, increasing the value of your practice or firm, and branding/setting up a new legal entity. ... [read more]

Tuesday, February 09, 2021 @ 9:41 AM

Understanding title insurance: Fraud flags, private mortgages Golden house with keys

At times, title insurers advertise their underwriters as offering a second set of eyes, which can assist in identifying red flags indicative of fraudulent current transactions or past conveyances. When placing a title insurance order, for instance, one question queries whether a transfer/deed has been registered in the past six months in order to help identify flip frauds. This would occur if a recently transferred property has drastically increased in value, and the fraudsters secure mortgage funds of 80 per cent of the higher property value before disappearing. In such scenarios, a second set of eyes reviewing title can offer a valuable protective function. ... [read more]

Friday, February 05, 2021 @ 2:09 PM

European ‘forced heirship’ in estate planning: A case study Painting of rural Italian villa

Canadians who own real estate, art and other personal property, investments and business interests, or any other type of asset in certain European countries need to be aware of what happens to those assets upon death.   ... [read more]

Friday, February 05, 2021 @ 11:51 AM

Understanding title insurance: Coverage for building permit claims Grey House with keys through roof

“Insurance underwriters are premium lovers.” While this insurance slogan pun originally made me cringe a bit upon reading it, I thought it was fitting for this article on building permit claims. After all, at its most basic level, underwriting involves the insurance company taking on financial responsibility for certain risks in exchange for the insured paying the policy’s premium. ... [read more]

Thursday, February 04, 2021 @ 2:13 PM

Beard Winter promotes one to partner, hires real estate associate

Beard Winter LLP announced that Jillian Van Allen has joined the partnership and that Harjot Atwal is the newest associate in the firm’s real estate group. ... [read more]