In a previous blog post, we looked at the option for a Seller to accept an indemnity from a Buyer to self-remit for HST post-closing instead of collecting HST from the Buyer and remitting said HST to the appropriate governing body (HST Remittance on a Commercial Sale – Part One -)
In this blog post, we will cover in f...
There is an all-too-common misconception by some Buyers and even by some Buyers’ professional, licenced realtors that the time period for the delivery of a Deposit pursuant to a resale Agreement of Purchase and Sale (APS) effectively provides the Buyer with a cooling-off period. The mistaken belief is that the Buyer ...
Congratulations! You are ready to buy your 1st ever real estate property. It could be a condominium unit, detached home or even a multi-unit property. Or perhaps you are looking to purchase your 2nd, 3rd or 5th property. As real estate lawyers, one of the first questions when clients contact us to open a real estate file i...
Good news for first-time home buyers! On May 27, 2025, legislative proposals were introduced in the Parliament to amend the Excise Tax Act by creating a new GST rebate specifically for first-time home buyers. If passed, this rebate would eliminate GST for eligible buyers on new homes priced up to $1 million and reduce the ...
Purchasing a condominium in Ontario demands more than selecting the right unit! One of the most important aspects of this transaction is a thorough review of the status certificate. What is a status certificate you ask? It is the statutory disclosure document under section 72 of the Condominium Act, 1998[1] provided by a c...
