Real Estate Litigation Articles
Be wary of buying illegally built homes
Bob Aaron bob@aaron.ca Tarion’s enforcement arm is set to target real-estate agents who are involved in selling unregistered homes. Tarion Warranty Corporation has warned Ontario’s builders and real-estate agents they can be charged and fined if involved in the sale...
Tarion needs to increase homebuyers deposit protection
Bob Aaron bob@aaron.ca Tarion’s limit for deposit protection — $20,000 on condos and $40,000 on homes — hasn’t changed in years. An interim report on the Tarion warranty corporation should have gone further to protect home buyers’ purchase deposits. Special adviser J....
Extravagant fees crush legal basement apartments
Bob Aaron bob@aaron.ca Over-charging homeowners to help intensify urban housing defeats the purpose. In the face of a serious housing shortage in the GTA, the City of Toronto is actively discouraging homeowners from legally adding one or two units to their houses by...
Tenants shouldn’t be able to ‘game the system’
Bob Aaron bob@aaron.ca Too many renters are getting away with not paying rent, then appealing eviction orders. How many times do Ontario judges have to cry out for changes to the landlord and tenant court procedure to prevent tenants from “gaming the system” before...
Dangerous real-estate document a path to court
Bob Aaron bob@aaron.ca Since 1997, 94 court cases in Ontario have been pinned to the Seller Property Information Statement. The Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market....
EasyFund could have difficulty getting off the ground
Bob Aaron bob@aaron.ca Web-based money transfer system’s goal is to streamline real-estate closings. But is it needed? Will home buyers willingly pay an extra $148 to help lawyers close their purchase transactions? The question arises in the wake of the launch by...
Builder bankruptcy reveals warranty shortcomings
Bob Aaron bob@aaron.ca Tarion warranties need to be improved, and a forthcoming report on improving consumer protections should address delayed occupancy compensation The recent insolvency of the Urbancorp builder group, and its impact on hundreds of would-be home...
Tips to reduce, postpone or avoid probate taxes
Bob Aaron bob@aaron.ca Some simple solutions to help keep the taxman’s fingers out of your pockets. The soaring values of GTA-area homes has made it an increasingly expensive proposition to die while owning real estate. Huge probate taxes, officially known as estate...
Get a survey even if your agent says no
Bob Aaron bob@aaron.ca Only a survey prepared by an Ontario land surveyor can confirm that the cottage is situated inside the appropriate land boundaries. With cottage-buying season now underway, it’s important to remember that a land survey is the single most...
No need for third-party hand in closing funds
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...
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