In Ontario, a new condominium project is a two-step process. One is called the interim occupancy, the other is the final closing. This article briefly goes over the process.
The Competition bureau is filing an appeal in a recently lost case against TREB (Toronto Real Estate Board). The Bureau accused the country’s largest real estate board of anti-competitive practices.
You’re renting, but a house just came up for sale in your neighbourhood near the park that you love and you really, really want to make an offer.
The Competition Bureau has lost its nationally renowned case to attempt to force the Toronto Real Estate Board (TREB) to make it easy for web-based real estate brokerages to compete.
What is title insurance? Many purchasers closing a real estate transaction will have the option of obtaining title insurance, however, most people do not know what it is and how it can protect them. This article breifly explains what it is and why it may be important to have.
The Ontario Heritage Act allows for municipalities to designate certain properties as historical and therefore limiting it for any redevelopment. This article breifly discusses the act and provides some discussion on the issues surrounding it and some examples of projects in the city of Toronto that use heritage sites for new developments.
When a transaction does not close as a result of a Vendor’s or a Purchaser’s actions, what are the remedies for the innocent parties and what are the consequences for the guilty parties?
Upon signing an agreement of purchase and sale, the Builder must deliver the disclosure statement and documents which contain important information about the condominium project.
Simple explanation of what condominium liens are and the enforcements powers of the condominium corporation with respect to condominium liens.
Status certificates are important documents that disclose the status of a condominium building, corporation and particular unit.
This article quickly explains what it means to assign a condominium agreement of purchase and sale before closing.
Many purchasers of pre-construction condominiums who are buying the unit as an investment are often uncertain as to what to do with the unit. If the purchaser rents it, there are a few implications they need to consider.
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