A century of Canadian legal precedents dealing with listings describing homes for sale were reversed late last year by an Ontario Court of Appeal decision that is being seen as one of the year’s most significant real estate law rulings.
2020 Toronto Star Property Law Column
When the heirs of a GTA deceased homeowner decide it’s time to sell the property, it typically takes the Ontario estates court many months to rubber-stamp probate documents allowing the sale to proceed.
In his first-year law student text book, “Principles of Property Law,” prof. Bruce Ziff begins a chapter on lost objects with this statement: “The law of finding is not an area of pressing practical concern.”
Anyone who has bought or sold a property since the COVID-19 state of emergency was declared in Ontario last March will have experienced a sea change in how these deals are legally closed.
Young ghosts and goblins may be imagining the hauntings that have happened in their homes this Hallowe’en. For home buyers, the possibility of purchasing a residence associated with a haunting — or other dark event — can be a true nightmare.
Keep your neighbour disputes off the Internet.
Know your commitment about paying a real estate brokerage commission before you sign a listing agreement
Should home sellers have to pay commission on a sale if the transaction doesn’t close?
Refusing to close a deal for the unconditional sale of a home in a rising market is never a good idea. It can lead to expensive consequences.
Homebuyers should get clear details about fixtures and appliances — including HVAC — in their property deals
When homeowners agree to sell but neglect to note the property’s heating and cooling system is rented, chances are they will eventually have to buy out the rental contract.
It’s the night before closing, the seller has moved out and the buyer wants to do a last-minute inspection to ensure there’s been no damage since the last visit.
Can a buyer ever back out of a purchase on the basis of registered easements that entitle third parties to particular rights on the land?
Expensive lessons: Courts tell buyers to pay up after backing out of real estate deals because of easements
Fighting failed real estate deals in court can be futile — and expensive — as shown by the verdicts in two recent Ontario cases.
A buyer’s hefty deposit is forfeited when a judge finds he “deliberately” breached his purchase contract
A buyer of a pre-construction townhouse in Markham found out the hard way what can happen if the property is resold before its closing date and without the builder’s permission.
How should a condominium board act when it receives complaints about a resident smoking in his unit?
Can dead people sign property deeds?
In these times of economic uncertainty, Canadians who own their own homes may be thinking about protecting them from health risks due to the COVID-19 pandemic.
OREA fails its members and the public.
One of Ontario’s most respected real estate lawyers has sounded the alarm against using untested COVID-19 clauses in property transactions.
There is good news and bad news for those of us in the real estate field during the COVID-19 pandemic.
A homeowner who used a “Reader’s Digest” manual to build a house that he later sold was found liable for negligent construction by the Ontario Superior Court earlier this month.