Top 10 things to beware of when buying resale

by admin | Jun 3, 2006 | 2006 Toronto Star Columns, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca June 3, 2006 Top 10 things to beware of when buying resale Buying a resale home may seem deceptively simple since it is common practice to use an industry-approved form offer and pop in a few “standard” conditions like mortgage financing and...

Tough to reconcile Caledonia land dispute

by admin | May 27, 2006 | 2006 Toronto Star Columns, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca May 27, 2006 Tough to reconcile Caledonia land dispute In the wake of the recent events at the Douglas Creek Estates subdivision near Caledonia, will any Ontario citizen be able to rely on a government certification of title to their homes? Can...

Ministry’s ‘clarification’ a tax grab

by admin | May 20, 2006 | 2006 Toronto Star Columns, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca May 20, 2006 Ministry’s ‘clarification’ a tax grab Significant de facto increase in land transfer tax Did the Ontario government increase the land transfer tax in March, or did it simply clarify the interpretation of the Land Transfer Tax Act so...

How new GST will affect homebuyers

by admin | May 13, 2006 | 2006 Toronto Star Columns, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca May 13, 2006 How new GST will affect homebuyers Rate reduced from 7 to 6 per cent this July 1 Maximum rebate will drop from $8,750 to $7,560 It’s easy to say that the goods and services tax is being reduced from 7 per cent to 6 per cent on...

Ontario hikes land transfer tax on new houses

by admin | May 6, 2006 | 2006 Toronto Star Columns, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca May 6, 2006 Ontario hikes land transfer tax on new houses Buyers will pay on total, not base, price My dictionary defines “grinch” as one who spoils the pleasure of others. The derivation, of course, is the principal character in the Dr. Seuss...