Legal Issues

Legal Issues

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Pre-construction has been one of the most popular forms of investment. Here are three of the many financial impediments that may make your flip a flop.

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When can a sale under a Power of Sale fail? This was the central issue that the Court of Appeal addressed in the 1173928 Ontario Inc. v. 1463096 Ontario Inc decision.

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What do you do when your purchaser refuses to close on an Agreement of Purchase and Sale (APS) because the driveway is smaller than they originally thought?

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Some homes that contain Kitec have reportedly been riddled with problems: deterioration of the fittings, as well as the disintegration of the pipes themselves in some cases.

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There is a general misconception that residential tenants may terminate their leases at will, without consequences or without any specific notice requirements. This simply isn’t true.

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In cases where the failure to close the transaction was due to the buyer being unable to secure financing because their bank/financial institution refused to fund, this proved a lot trickier for those transactions.

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I am constantly asked for advice about whether Airbnb is permitted and if the guests can be considered tenants. These are not easy questions to answer.

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Some Torontonians are opting out of the market to find greener (literally) pastures in cottage country. There are, however, some caveats and critical legal and practical issues that may affect your decision.

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The interpretation of a “standard” clause by the court is always a coin toss. This is especially true as it relates to interpreting representations and warranties, as the decision in Beatty v Wei highlights.

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Many agents come to our office with this problem. The agent has executed an Agreement of Purchase and Sale while there is a tenant on the premises and the purchaser wants vacant possession.