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Published on: 2 Jan 2024 By

Understanding chattels and warranties in residential property sales

When it comes to the intricate process of buying or selling a residential property, understanding the legal aspects is crucial for a smooth transaction. Among the many components involved, warranties can play a pivotal role in shaping the terms and conditions of the sale. In this blog post, …

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Published on: 10 Feb 2023 By

Failed real estate deals: The assessment date for damages

It is inevitable that some deals fall apart, but the consequences and frequency of these failures can vary based on whether it occurs in a rising, falling or stable market. The state of the market may also affect who the at-fault party is likely to be. With declining purchase prices, failed …

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Published on: 7 Feb 2023 By

Title insurance: Your Title fraud security blanket

Title fraud occurs where an imposter sells or refinances your home without your knowledge. The question then becomes: if it happens without your knowledge, how can you protect yourself? We see it in the media, “Impersonators posing as homeowners linked to 32 property fraud cases in Ontario a…

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Published on: 16 Sep 2021 By ,

Landlord and other third-party consents in business transactions

When a professional practice or business is sold, whether by share sale or asset sale, consideration must be given to the issue of third-party consents. Typically, when a business enters into a third-party contract, the contract will include a provision whereby the consent of such third part…

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Published on: 30 Mar 2021 By

Can I walk away if I don’t pay the real estate deposit?

Over the past few months we are seeing more scenarios where a buyer, having their offer to purchase real estate accepted, will not pay the deposit and then try to walk away from the deal. Whether due to buyer’s remorse, or because a buyer submits offers on multiple properties and then moves …

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Published on: 8 May 2020 By

Lenders beware: post-discharge obligations for a borrower’s HST/GST debt

Lenders, like any businesses, prefer certainty. In many ways the real property lending industry is built around trying to be as certain as possible before a loan is advanced. Does a borrower own their property? How much is that property worth? How much does a borrower make in a year? Can the…

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Published on: 7 May 2020 By ,

Business Essentials – Episode 3: Real estate law and the importance of keeping good relationships

In Siskinds’ Business Essentials, a limited-run podcast series, Chris Sinal of Siskinds’ labour & employment group sits down with some of the firm’s business lawyers to discuss current issues and challenges facing our clients as they adapt to the new business environment resulting from …

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Published on: 27 Apr 2020 By

COVID-19: condominium electronic meetings and time extensions

In her blog of April 16, 2020, my colleague Vivian Iron discussed emergency orders that provide flexibility for corporations’ meeting requirements. The original orders only provided flexibility in connection with the meeting requirements for corporations governed by the Corporations Act (Ont…

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