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Real Estate

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Wednesday, October 31, 2018 @ 2:10 PM

Why brokers have to admit the limit of their expertise buidingonfire_sm.jpg

In 2049390 Ontario Inc. v. Leung 2018 ONSC 5759, the Ontario Superior Court of Justice considered the standard of care owed by an insurance broker providing coverage to a client. Specifically, the standard of care issue considered was whether a broker owes a duty to advise their clients: 1) that brokers are not experts in assessing replacement cost; and 2) to obtain an estimate of the cost of reconstruction from a professional to ensure that they have sufficient insurance coverage in the event the premises is destroyed by a covered loss. ... [read more]

Wednesday, October 31, 2018 @ 1:55 PM

Foglers boosts Toronto team with addition of seven associates

Fogler, Rubinoff LLP announced the following have joined the firm as associates in the Toronto office: Monica Bianchini, Michael Coleman, Petar Dodic, Taleen Ohanessian, Liza Quail, Rachel Fielding and Tamar Silverbrook. ... [read more]

Wednesday, October 31, 2018 @ 8:51 AM

Clear head needed for complex cannabis licensing regs cannabis_retail_sm

Lawyers who offer legal services to clients involved in cannabis retailing will need to have a clear head when navigating a labyrinth of legislative, leasing and ownership issues relative to achieving a viable cannabis production and retail outlet. Knowledge of federal, provincial and municipal legislative restrictions and a realistic assessment of negotiating leverage requires an understanding of the legislative scheme for securing retail licences as well as local retail conditions which may determine success or failure of the retail outlet. ... [read more]

Tuesday, October 30, 2018 @ 10:48 AM

SALE OF LAND - Agreement of purchase and sale - Specific performance

Appeals by the personal defendant, Kazemi, and his company, 0954704 BC, from a judgment declaring three contracts with the plaintiffs, Intergulf and Lions Gate, binding and enforceable. ... [read more]

Thursday, October 25, 2018 @ 8:23 AM

Strength in numbers: Pros and cons of joint residential ownership shared_home_sm

The cost of purchasing residential real estate has skyrocketed, causing affordability challenges to purchasers in many Canadian cities. As a result, some buyers are purchasing real estate together with friends and family and taking title typically as tenants-in-common. ... [read more]

Monday, October 22, 2018 @ 8:41 AM

MORTGAGES - Mortgagee's remedies - Power of sale - Deficiency judgment

Appeal by Royal Bank of Canada (“RBC”) from the dismissal of its deficiency actions. ... [read more]

Friday, October 19, 2018 @ 10:32 AM

Cannabis roundup: This week’s legalization opinion and analysis Cannabis legalization

Here is a roundup of all the analysis and opinion pieces we published this week covering the many aspects of cannabis legalization in Canada that came into effect on Oct. 17, 2018. ... [read more]

Friday, October 19, 2018 @ 8:42 AM

INTERESTS IN PROPERTY - Easements - Description in grant

Appeal by the Kokics from an order declaring the validity of an easement with ancillary relief. ... [read more]

Thursday, October 18, 2018 @ 9:11 AM

Watch out when buying real estate with pre-incorporation contracts commercial_agreement_sm

Many purchasers of commercial real estate will elect to execute purchase agreements on behalf of a corporation to be incorporated, for a number of reasons including income tax efficiency, liability avoidance and the need to tie up the property where time is of the essence. ... [read more]

Tuesday, October 16, 2018 @ 11:01 AM

Ontario re-lays foundation for brick and mortar sales of recreational cannabis cannabis legalization

The government of Ontario recently introduced Bill 36, the Cannabis Statute Law Amendment Act. If passed, Bill 36 will enact the Cannabis Licence Act, 2018 and make numerous amendments to other Ontario laws, including the Cannabis Act, 2017, the Ontario Cannabis Retail Corporation Act, 2017, and the Smoke-Free Ontario Act, 2017. ... [read more]