01 Mar BARRISTON BRIEFS: Purchasing a Property with an Income Suite
In the new series, Barriston Briefs, Janice Mumberson talks about Purchasing a Property with an Income Suite....
Real Estate Law
01 Nov BARRISTON BRIEFS: Costs Involved in Buying Real Estate
In the in our new series, Barriston Briefs, Mira Ortved discusses Transcript: [Music] There are six costs you should consider when you're budgeting for a real estate purchase in Ontario. The first of these costs are adjustment to the purchase price, adjustments refer to fees that run with the...
21 Sep BARRISTON BRIEFS: Tax and Your Real Estate Deal
In the first video in our new series, Barriston Briefs, Jennifer Craddock discusses how to deal with various taxes in your real estate deal. Types of taxes include property taxes, land transfer taxes and HST. Transcript: [Music] As the saying goes there's two things in life that are...
07 Mar Buying a New House? Undisclosed costs can add up!
New home buyers beware – the price on the front page of your Offer is often not the full purchase price – and the builder/seller has no legal obligation to make full disclosure of extra charges to you. I was recently reminded of this issue when reviewing...
09 Feb Why you need your Spouses Consent to Mortgage your House
Under Ontario law, the home in which a married couple ordinarily resides is deemed to be the matrimonial home and with it comes various protections for both spouses during the marriage and upon separation. One of these protections under s. 21(1) of the Ontario Family Law Act, is that...
07 Jun The Non-Resident Speculation Tax
With steadily rising residential sales prices, the Ontario government of Kathleen Wynne has implemented a new Non-Resident Speculation Tax (NRST) in an effort to cool the market down. The NRST took effect on April 21, and imposes an additional 15% tax upon the purchase or acquisition...