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2006 Toronto Star Columns

Learn all facets of title insurance

Bob Aaron bob@aaron.ca April 15, 2006 Learn all facets of title insurance One of the main attractions of title insurance for Ontario consumers is that in the event an unexpected title problem crops up after closing, whether or not it arises out of a mistake made by the purchaser’s lawyer, the homeowner does not have […]

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Tax records don’t always reflect reality Can’t trust MPAC for location or value of property One buyer paid taxes for years on land he didn’t own

Bob Aaron bob@aaron.ca April 8, 2006 Tax records don’t always reflect reality Can’t trust MPAC for location or value of property One buyer paid taxes for years on land he didn’t own Last month’s report by Ontario Ombudsman Andr Marin criticizing the Municipal Property Assessment Corp. (MPAC) came as no surprise to the many property […]

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Ruling may force police to list grow houses

Bob Aaron bob@aaron.ca April 1, 2006 Ruling may force police to list grow houses Every police force in Ontario may soon be required to release the addresses of current and former marijuana grow operations. This follows a Feb. 17 ruling by Ontario’s Assistant Information and Privacy Commissioner, Brian Beamish. The ruling followed a request by […]

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Litigation can prove a costly nightmare

Bob Aaron bob@aaron.ca March 25, 2006 Litigation can prove a costly nightmare Buyer goes to court five times Tried to recover $15,000 deposit When Baskaran Sinnadurai offered to buy a house to be built on Holloway Rd., in Markham, from Laredo Construction Inc., he probably had no idea that he would never get the house […]

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Scarborough grow houses listed on-line

Bob Aaron bob@aaron.ca March 18, 2006 Scarborough grow houses listed on-line The Toronto Police Service has begun to publish the exact street addresses of marijuana grow operations at least in Scarborough’s 42 Division. This brave move by police superintendent Gary Ellis makes 42 Division what I believe to be only the third police force in […]

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Make sure dimensions of lot are specified

Bob Aaron bob@aaron.ca March 11, 2006 Make sure dimensions of lot are specified Property size rarely mentioned in builder offers Sales office staff should have copies of registered plans In all the excitement of buying a new home, it’s normal for purchasers to concentrate on the details of the house and ignore the one thing […]

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Get expert advice for estate planning

Bob Aaron bob@aaron.ca March 4, 2006 Get expert advice for estate planning Transferring property to children is fraught with issues A mother and daughter came into my office last week to talk about ownership of the family home. The mother, who is in her 70s, did not want the children to get stuck with the […]

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Closing date extension request denied

Bob Aaron bob@aaron.ca February 25, 2006 Closing date extension request denied Edwards-Decoito sued Maple View for damages and return of her deposit An Ontario Court judge in Newmarket has ruled that a builder should have allowed a homebuyer a short extension of the closing date when her financing fell through at the last moment. Back […]

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What do you do if you find a bag of cash?

Bob Aaron bob@aaron.ca February 18, 2006 What do you do if you find a bag of cash? Criminal proceeds can be seized Quebec money fate unknown   What would you do if you were renovating your newly purchased home, and found a bag containing $100,000 in $20 bills hidden above a ceiling panel in the […]

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Use RRSP funds to pay down mortgage now

Bob Aaron bob@aaron.ca February 11, 2006 Use RRSP funds to pay down mortgage now Usually good advice for young homeowners Get advice from someone not promoting funds   As RRSP season runs into high gear, it’s time for a reminder that the federal government’s Home Buyer’s Plan, or HBP, is not the only way to […]

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Time-shares: Don’t buy under pressure

Bob Aaron bob@aaron.ca February 4, 2006 Time-shares: Don’t buy under pressure Since the Consumer Protection Act 2002 came into force on July 30, 2005, an Ontario consumer can cancel an agreement to purchase a time-share property, for any reason, within 10 days after receiving a written copy of the agreement. This protection does not, however, […]

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Some noisy neighbours should just pipe down

Bob Aaron bob@aaron.ca January 28, 2006 Some noisy neighbours should just pipe down Courts intervene to restore peace Property rights can have limits   If you live in the country, your nearest neighbour may be far enough away that he or she can’t be seen or heard. But when you live in the city, your […]

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Assemble your own ‘dream team’

Bob Aaron bob@aaron.ca January 28, 2006 Assemble your own ‘dream team’ Decision is so crucial you can’t be too preparedExperts can give advice on every aspect of buying For most people, buying a home is the most expensive purchase they will ever make. With the average resale home or condominium in the Toronto area selling […]

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Act brings major changes to real estate industry

Bob Aaron bob@aaron.ca January 21, 2006 Act brings major changes to real estate industry Major changes will take place in the Ontario real estate industry when the Real Estate and Business Brokers Act 2002 (REBBA 2002) finally comes into force on March 31. Here are some major changes that will impact the public and industry […]

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 Lawyer disbarred for role in mortgage scheme

Bob Aaron bob@aaron.ca January 14, 2006  Lawyer disbarred for role in mortgage scheme As part of its ongoing efforts to combat mortgage fraud, the Law Society of Upper Canada has disbarred Edwin Wayne Adler, 65, of Hamilton, for his role in a scheme to obtain mortgage financing based on inflated purchase prices of a dozen […]

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In real estate, time truly is of the essence

Bob Aaron bob@aaron.ca January 7, 2006 In real estate, time truly is of the essence Any delay in deposit may nix agreement If a home purchaser is a little bit late in delivering a deposit cheque, or needs a closing extension of a day or two, will the courts intervene to allow a grace period? […]

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