Ontario court rules this condo deal was the real deal

by admin | Mar 12, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca An Ontario court judge has ruled that buyers of a pre-construction condo unit could close their purchase transaction despite the builder terminating the deal. Instead of moving in, the Lucases allowed a friend, Renato Duarte, to move in...

Home buyers not helped by Tarion Warranty Corp.’s purchase rider, says Court of Appeal

by admin | Feb 29, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca Ontario’s highest court has levelled an unusually harsh blast at the Tarion Warranty Corporation, saying its compulsory addendum form which must be attached to every builder agreement is complex, difficult to follow and does not protect...

Should you invest in an RRSP or pay down your mortgate?

by admin | Feb 15, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca February is RRSP season, and there is no shortage of advice available to Canadians on tax-free investing before the deadline of March 2. One question which often arises at this time of year is whether homeowners should place available cash in an...

How two different foot measures caused property chaos in the U.S.

by admin | Feb 1, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca When it comes to real estate, most Canadians speak in terms of Imperial measurement. The majority of home offers I see show frontage and depth measurements in feet, even though we officially switched to the metric system during the time of the...

How Tarion’s newly mandated info sheet falls short of truly helping condo buyers

by admin | Jan 18, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca Since the start of 2020, every new purchase agreement for a pre-construction residential condominium is required to have attached to it an information sheet highlighting important issues that are part of a pre-construction transaction. The...

How the courts have shown it’s ‘buyer beware’ when purchasing property

by admin | Jan 3, 2020 | 2020 Toronto Star Property Law Column, Toronto Star Property Law Columns

Bob Aaron bob@aaron.ca One of the questions I’m frequently asked by home sellers is what issues they must disclose during the negotiation of a sale agreement. Any discussion of a seller’s disclosure obligation begins with the doctrine of caveat emptor: buyer beware....