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CREA steps back on a controversial new policy about home sale listings

by admin | Nov 26, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

The plan to begin mandatory public listings of homes for sale on Jan. 1 will now be put to a vote at the next annual general meeting, writes Bob Aaron. In the wake of a torrent of negative feedback, the Canadian Real Estate Association (CREA) has suspended its new...

Expect court challenges to law banning non- Canadians from buying property

by admin | Nov 12, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

Is the new law a genuine effort by Parliament to regulate immigration and citizenship, or a back door attempt to regulate property law, asks Bob Aaron. After January 1, 2023, it will be illegal for any non-Canadian to purchase residential property anywhere in Canada....

Why forcing home sellers to publicly list their properties is a bad idea

by admin | Oct 26, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

Many sellers choose exclusive listings because they don’t want their homes’ details and sale prices known, writes Bob Aaron. The Canadian Real Estate Association (CREA) has announced a change in its rules that will work against the best interests of home sellers...

A home purchase offer is legally binding once it’s signed

by admin | Oct 15, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

A buyer is obliged to complete the deal whether or not the deposit is paid, writes Bob Aaron. If a buyer has a change of heart after signing a purchase agreement, but before paying the deposit, is the contract still binding? That was the issue in a Superior Court case...

When pre-construction home buyers face builder demands for more money

by admin | Oct 1, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

Construction problems such as foreseen costs, and shortages of labour and materials, are issues for builders — not purchasers — to resolve, writes Bob Aaron. Just because a builder demands more money to build a new home or condominium does not mean that it is...

New provincial rules can’t stop pricey surprise fees for new homebuyers

by admin | Aug 20, 2022 | 2022 Toronto Star Property Law Columns, Toronto Star Property Law Columns

Additional and high closing fees should not be billed to buyers in the final hours before their deals close, writes Bob Aaron. A group of buyers of new townhomes in Mississauga got the shock of their lives when, a few days before closing their purchases last month,...
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More Practice Areas

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  • Refinancing your mortgage? Here’s why you need a lawyer before blindly signing anything
  • Beware the rules of your condominium — or you may end paying $10,000 for a doorbell

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