Toronto lawyer Martin Rumack’s practice areas include real estate law, corporate and commercial law, wills, estates, powers of attorney, family law and civil litigation. He is co-author of Legal Responsibilities of Real Estate Agents, 4th Edition, available at the TREB bookstore and at LexisNexis. Visit Martin Rumack’s website.
Effective Jan. 1, 2018, warranties previously offered only on newly constructed buildings now apply to residential condominium conversion projects (RCCPs) - for example warehouses or other types of industrial structures.
Under the Home Buyers' Plan, an individual can withdraw an amount from his or her own RRSP and use it towards the purchase of a home on a tax-free basis. However, there are certain conditions and limitations
This decision by the Supreme Court of Canada marks an important development in the law relating to directors' personal liability and reﬁnes our understanding of this key component of Canadian corporate law.
A home inspector was ordered to pay almost $19,000 to a buyer, all because he reported on a significant defect verbally, rather than in writing, in a legal decision that will likely keep home inspectors up at night.
The federal government recently announced a significant change concerning guidelines for borrowers of high-ratio mortgages – a borrower who has a deposit of less than 20 per cent of the purchase price of a home.
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.