Real Estate Litigation Articles

When does a home’s seller really have to move out?

It’s after 5 p.m. on June 30 and the home purchase transaction is complete. The new owner shows up with the keys and deed, only to be utterly shocked that the seller is still in the house — and doing nothing to pack or move. Sadly, this is a true story, posted on a...

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Co-ops and co-ownership are emerging as alternatives to condos

With the rapid increase in the price of condominium units this year, some buyers are turning to co-ops and co-ownerships as an alternative. With the rapid increase in the price of condominium units this year, some buyers are turning to co-ops and co-ownerships as an...

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Quick home flipping piques the interest of the CRA

An interesting case from the Tax Court of Canada last fall explores the issue of how many times a taxpayer can flip personal residences during a short period of time before the government will tax the profits as income rather than tax-free capital gains. Rick Hansen,...

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Surveys crucial in waterfront purchase

Last month I was asked to review an offer to purchase a $1.2 million waterfront cottage on Lake Simcoe. The experience underscored how important it is, especially in cottage transactions, to determine the exact size and location of the property being purchased with a...

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