You found your dream century home and your conditional offer has been accepted. But after receiving your home inspector’s report, it turns out your charming Victorian cottage needs more than a fresh coat of paint. Photo by Nolan Issac on Unsplash While this doesn’t mean you need to back out of the deal, it’s important to know ...
Continue ReadingIndustrial real estate can offer exceptional opportunities. Whether purchasing a manufacturing facility, warehouse, distribution centre, contractor’s yard, or investment property, industrial assets often provide stable income, operational flexibility, and long-term value. At the same time, industrial properties deserve careful evaluation. Unlike many residential purchases, the true value of an industrial ...
Continue ReadingSophisticated real estate investors rarely evaluate a property based solely on its appearance, emotional appeal, projected appreciation, or short-term market excitement. Instead, experienced investors generally approach an acquisition through a disciplined process involving risk management, operational analysis, financial review, due diligence, transaction planning, and long-term strategy. Whether purchasing an industrial ...
Continue ReadingWhen most people think about a real estate transaction, they naturally focus on the purchase price, financing, inspections, possession dates, or negotiating the best possible deal. Yet some of the most significant risks in a real estate transaction have nothing to do with price. They arise from the wording of ...
Continue ReadingAn Agreement of Purchase and Sale is often viewed as the finish line of a successful negotiation. In reality, it is the beginning of a legally binding relationship between buyer and seller. Most transactions proceed exactly as intended. However, when disputes do arise, they rarely stem from a single dramatic ...
Continue ReadingAn Agreement of Purchase and Sale (“Agreement”) may not be completed for a number of reasons, including unsatisfied conditions relating to matters such as financing, rezoning approval, a home inspection or the sale of a buyer’s current home. This failure to satisfy a condition may raise an issue about the ...
Continue ReadingThe Protecting Tenants and Strengthening Community Housing Act, 2020 amends the Residential Tenancies Act, 2006, the Housing Services Act, 2011, the Building Code Act, 1992 and repeals the Ontario Mortgage and Housing Corporation Act. Originally posted on July 22, 2020 The changes to the Residential Tenancies Act, 2006 (RTA) strengthen protections ...
Continue ReadingBuying real estate is an exciting milestone, whether purchasing a first home, expanding an investment portfolio, or acquiring a commercial property. While the vast majority of transactions close successfully, the relatively small number that result in litigation provide valuable lessons for every buyer. Real estate disputes rarely develop because of ...
Continue ReadingWhen working with a REALTOR® it is important to understand who the REALTOR® works for. To whom is the REALTOR® legally obligated? The Agency Relationship REALTORS® are governed by the legal concept of “agency.” An agent is legally obligated to look after the best interests of the person he or she ...
Continue ReadingThe question is often asked: “Do I really need a REALTOR® to lease a property?” The honest answer is that many tenants successfully find rental properties on their own. The better question, however, is not whether a REALTOR® is required. It is whether professional representation can help a tenant make ...
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