by admin | May 7, 2016 | 2016 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Proposed scheme full of unanswered questions on money safeguards, timing of transfers and discharging prior mortgages. A new business to transfer funds in real estate purchases and sales is being proposed in Ontario. The plan is to take control...
by admin | Apr 23, 2016 | 2016 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca In this province, anyone with a business card and a flashlight can be a home inspector. But after more than three years of study, the Liberals are still not ready to proceed with legislation. There’s good news and bad news for homebuyers who...
by admin | Apr 9, 2016 | 2016 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Until now, when a cousin, aunt, uncle, nephew, niece, friend or business associate is registered on title for mortgage purposes, none of the buyers can get the rebate. It is unclear after a recent court decision if having a friend listed on your...
by admin | Mar 26, 2016 | 2016 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca ‘Administration fee’ that will now be charged on municipal land transfer tax is $75 — plus HST Last week the City of Toronto and Teranet, the administrator of the provincial land registration system, announced a new $84.75 tax on registration of...
by admin | Mar 12, 2016 | 2016 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca What would you do if you found a gold bar while renovating someone’s house? If you had been hired to renovate and in the process discovered a 1 kg gold bar worth $50,000, would you return it to the owner of the house? Or pocket it and say...
