Understanding Restrictive Covenant in Real Estate
Restrictive covenants play a critical role in real estate, dictating how properties can be used and developed. Whether you are buying a property or currently own one, grasping the concept of restrictive covenants is crucial to avoid legal complications and ensure smooth transactions. This article delves into what restrictive covenants are, who establishes them, their types, and the pros and cons associated with them. Discover how these covenants can impact property use and value, and learn about the process of modifying or removing them if necessary.
When to Sue? Don’t Wait too Long
Discover how facts, evidence, and laws impact lawsuit success. Learn about limitation periods, exceptions, and special cases, and how to pause the clock for settlements. Your legal timeline guide awaits!
Co-Owning Property In Ontario
Explore the nuances of co-owning property in Ontario, where you can choose between joint tenancy and tenancy in common. Understand the differences in property interest, rights of survivorship, and estate implications for each type of co-ownership. Learn about the benefits, potential challenges, and how to decide which option suits your needs. Whether you're co-owning with a spouse or a non-spouse, this guide provides essential insights to help you make informed decisions about your property ownership arrangements.
Preparing for the Occupancy Date/Interim Closing of Your Pre-Construction Property
Understand the crucial steps of Interim Closing and Occupancy for your pre-construction condo. Learn what to expect during the Occupancy Period, how to handle Interim Occupancy Fees, and prepare for your Pre-Delivery Inspection. Get ready for Final Closing with essential tips on managing payments, securing your mortgage, and more. Perfect your move with our comprehensive guide on navigating the transition from buyer to homeowner.
Is A Private Mortgage Right For You?
Discover the rising appeal of private mortgages in today's fluctuating real estate and mortgage markets! Our latest blog post explores the nuances between private and traditional mortgages, shedding light on the unique advantages and potential risks of going private. Whether you're a homeowner or a potential buyer, understanding these differences can be crucial.
A Shift in Immigration Policy: TR to PR within Canada
Canada’s Immigration Minister, Marc Miller, announced a significant policy shift on March 21, 2024, favouring temporary residents (TRs) in Canada for their conversion to permanent residents (PRs). The new approach introduces "domestic draws," streamlining the path for TRs to achieve PR status through the Express Entry system. This change emphasizes the value of Canadian work and education experience in enhancing eligibility for permanent residency.
Ontario's Housing Crisis: Inside the Strained Landlord Tenant Board
Explore Ontario's housing crisis & challenges with the Landlord Tenant Board (LTB), facing delays & disputes in a competitive rental market.
Toronto City Council Adopts New Toronto Municipal Non-Resident Speculation Tax
Toronto introduces a 10% Non-Resident Speculation Tax to combat real estate speculation and enhance housing affordability, effective Jan 1, 2025. Discover how it impacts you.
Canada Immigration - International Study Permit
Canada to cut study permits by 35% in 2024, setting cap at 360k. Measures include provincial intake caps, attestation letters, and changes to Post-Graduate Work Permit eligibility to address system integrity and public service pressures.
Navigating Commercial Real Estate
Discover expert tips for successful commercial real estate transactions with our guide. Learn the importance of assembling a team of advisors, including lawyers, accountants, and real estate agents, and understand key due diligence aspects such as zoning, permits, and title reviews. Get insights on legal and financial considerations for optimal ownership. Contact us for informed decisions in commercial real estate.
Power of Attorneys (POA) in Ontario
Power of Attorneys (POAs) in Ontario are essential for managing someone's affairs if they become incapacitated, as shown in a real case where a wife couldn't access her comatose husband's finances or make healthcare decisions. The article explains different POAs and underscores the importance of choosing a trustworthy person to represent your interests, ensuring your wishes are respected and protected in difficult times.
How To Estimate Your Property Tax Bill
Understanding Property Tax Bills in Ontario: A Homeowner's Guide
Understanding the Timeline for IRCC Application Processing
Navigate IRCC Application Processing Times with Expert Insights: Learn about the various factors that influence the timeline for Immigration, Refugees & Citizenship Canada (IRCC) application processing in our latest article.
Preparing For The Final Closing of Your Pre-Construction Property
Navigate the final closing of your pre-construction home with ease. Our guide covers essential steps like liaising with your lawyer, securing a mortgage, obtaining home insurance, and managing closing costs. Learn about builder fees, development charges, and the HST New Housing Rebate. Ideal for navigating Toronto's real estate laws and condo ownership complexities.