by admin | Jun 17, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Purchase provision allows automatic increase in offer to beat another buyer’s top bid. The Ontario Real Estate Association (OREA), which represents 70,000 real estate agents and brokers, has become involved in a public spat over the use of the...
by admin | Jun 3, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca After signing an agreement, couple found out their house was connected underground to their neighbour. When is a detached house not detached? That was the question facing the “Smiths” late last month. The couple came to see me after...
by admin | May 20, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca The Ontario government requires information be culled about prospective buyers that is nearly impossible to authenticate. Last month’s introduction of the 15-per-cent Non-Resident Speculation Tax has turned real estate lawyers into agents for...
by admin | May 6, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Until the new legislation was passed last month, anyone with a flashlight and a business card could call himself or herself a home inspector. The Ontario government last month finally passed legislation to regulate the home inspection industry...
by admin | Apr 22, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Financial obligations, such as a requirement to pay monthly dues for parks, beaches or roadways, are only enforceable against parties to the contract. They don’t usually bind later purchasers. A 2016 decision of the Ontario Divisional Court has...
by admin | Apr 8, 2017 | 2017 Toronto Star Property Law Columns, Toronto Star Property Law Columns
Bob Aaron bob@aaron.ca Final cost of taxes and inevitable litigation will be borne by the ultimate buyers of the residential units to be built. When the city of Toronto increased its municipal land transfer tax on March 1, no one could have imagined that the failure...