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Posts tagged with: legal matters

Does A Minute Matter In A Real Estate Deal?

May 3, 2016 - Updated: May 3, 2016

By Mark Weisleder The standard Ontario real estate contract says deals must be concluded no later than 6 p.m. on the day of clos ...

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Legal Matters Be Careful What You Say When Advertising Your Property

April 22, 2016 - Updated: April 22, 2016

By Mark Weisleder Sellers and real estate agents will advertise the top-selling features of a home so as to attract the biggest ...

Tagged with: be careful what you say when advertising your property legal matters real estate royal lepage laywer advice selling tips terrequity toronto gta article

Legal Matters Who Pays When Chattels and Fixtures Break

December 23, 2015 - Updated: December 23, 2015

By Mark Weisleder What condition do the appliances have to be in on closing? What if the fridge breaks down one week after closing? ...

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Legal Matters 10 Tips For First Time Real Estate Investors

December 10, 2015 - Updated: December 23, 2015

By Mark Weisleder If you plan to dive into real estate as an investment do your homework first. Many people consider investi ...

Tagged with: 10 tips for first time real estate investors mark weisleder legal matters legal advice real estate royal lepage terrequity toronto gta article

7 Things To Know When Building A Backyard Deck

August 21, 2015 - Updated: August 21, 2015

By Mark Weisleder With summer in full swing many homeowners turn their eye to a backyard deck. What better place to relax or have a ba ...

Tagged with: 7 things to know when building a backyard deck mark weisleder legal matters real estate toronto gta royal lepage terrequity article

When Helping the Kids to Buy a House

July 18, 2015 - Updated: July 18, 2015

By Adam Mayers, Personal Finance Editor One of the biggest ways parents helping kids is with a down payment for a house or condo. Here&rsqu ...

Tagged with: when helping the kids to buy a house legal matters real estate advice tips for buyers royal lepage terrequity realty toronto gta article

Is Airbnb Legal In Ontario?

June 16, 2015 - Updated: June 16, 2015

By Mark Weisleder A friend told me that she went to the Caribbean for a holiday on a deal and it cost her $1,000 for 10 days. While sh ...

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Landlords and Tenants Need To Co-operate When Home Sold

May 19, 2015 - Updated: May 19, 2015

By Mark Weisleder When a landlord puts a home or condo up for sale it can often lead to conflicts with tenants. The landlord, naturally w ...

Tagged with: mark weisleder legal matters real estate advice buyers sellers royal lepage terrequity toronto gta article

Why More Home Sellers Are Listing In January

February 14, 2015 - Updated: February 14, 2015

By Mark Weisleder With an uncertain housing market, more homeowners are opting to put their houses on the market in January. Traditional ...

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Contractors Going Bankrupt Mid-Renovation A Nightmare For Homeowners

January 6, 2015 - Updated: January 6, 2015

By Laura Armstrong A contractor going bankrupt mid-renovation is a “nightmare” situation for homeowners, experts say. If a ...

Tagged with: legal matters mark weisleder laura armstrong toronto real estate law advice for sellers and buyers gta royal lepage terrequity article

Why First-Time Home Buyers Are Still Taking The Plunge

December 23, 2014 - Updated: December 23, 2014

By Adam Mayers, Personal Finance Editor First time-homebuyers are a major market force. They are arriving with big down payments, and reduc ...

Tagged with: why first-time home buyers are still taking the plunge legal matters adam myers toronto star real estate lawyer article

Real Estate to Crash? Not by These Yardsticks

November 18, 2014 - Updated: November 21, 2014

By Mark Weisleder The doom and gloom stories have started again about the Canadian real estate market. Here are some signs: Canadia ...

Tagged with: mark weisleder gta toronto real estate royal lepage terrequity legal matters tips for sellers tips for buyers article

5 Things to Know When Selling a Home by Yourself

October 20, 2014 - Updated: October 20, 2014

Selling a home by yourself means more money in your pocket, but it’s a lot of hard work and there are some things to think about. Is it wo ...

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You Fell In Love. Bought A House. Broke Up. Can You Force Your Partner To Sell?

September 23, 2014 - Updated: September 23, 2014

By Mark Weisleder Falling in love and buying a home together sounds great; but if things fall apart, it can be expensive. Pascale Vaud ...

Tagged with: force your partner to sell house divorce break up equity shared costs custody toronto real estate royal lepage terrequity buyer tips seller tips legal matters mark weisleder article

6 Things to Ask When Buying a Cottage

August 15, 2014 - Updated: August 15, 2014

By Mark Weisleder Buying a cottage can be complicated. Water potability, septic systems and what happens if the lake level changes are all ...

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Six Things To Know About Real Estate Deposits

July 18, 2014 - Updated: July 18, 2014

By: Mark Weisleder Here are some answers to common questions about deposits when you are buying a house. When must a deposit be p ...

Tagged with: real estate deposit buyer tips royal lepage terrequity real estate tips legal matters mark weisleder article

Key to a Stress-Free Closing is to Seal the Deal Mid-Week

May 21, 2014 - Updated: May 21, 2014

By Mark Weisleder Any day but Friday: The last Friday of a month is typically the busiest day in most real estate law offices, especially i ...

Tagged with: real estate toronto realtors legal matters mark weisleder royal lepage terrequity stress-free tips for buyers and sellers article

Ontario Tenants Can Offer Rent Up Front

April 7, 2014 - Updated: April 7, 2014

A recent decision of the Ontario Superior Court provides important lessons about lease negotiations between landlords and tenants in Ontario. ...

Tagged with: ontario tenants can offer rent up front legal matters prepayment mark weisleder royal lepage terrequity real estate legal advice article

What CMHCs 15 Percent Rate Increase Means for Buyers

March 11, 2014 - Updated: March 13, 2014

By Mark Weisleder If you have less than 20 per cent for a down payment on a property, you must obtain mortgage insurance. Ca ...

Tagged with: legal matters mark weisleder royal lepage terrequity buyers advice article

Ontario Land Transfer Tax An Election Issue

March 4, 2014 - Updated: March 4, 2014

As race for Toronto mayor heats up, Land Transfer tax may become issue, with Rob Ford, Karen Stintz and David Socknacki having own ideas Th ...

Tagged with: land transfer tax gta elections toronto real estate mark weisleder legal matters terrequity royal lepage real estate realtor article

Be Clear About Rental Items In Real Estate Contracts

December 10, 2013 - Updated: December 10, 2013

Selling a home in Ontario: Transferring of any rental contracts, such as water heaters or alarm systems, must be agreed to by buyer. When ...

Tagged with: coldwell banker coldwell banker terrequity realtor real estate legal matters mark weisleder article

Why 2013 Has Been A Good Year for GTA Housing

November 21, 2013 - Updated: November 21, 2013

Last December, many pundits were predicting a big housing slowdown in the GTA. Here’s why it didn’t happen. Toronto's housing ...

Tagged with: coldwell banker coldwell banker terrequity real estate realtors legal matters article

Why Condo Owners Need Household Insurance

September 20, 2013 - Updated: September 20, 2013

Some condo buyers think they don’t need household insurance, because it is somehow covered by their common expense payment each month. The ...

Tagged with: legal matters coldwell banker coldwell banker terrequity real estate realtors insurance household insurance condominium policy building insurance policy insurance protection corporation insurance policy repairs and maintenance article

Bridge Financing Can Ease Closing Day Stress

August 20, 2013 - Updated: August 20, 2013

Bridge financing could have saved the day last month when a series of disasters on closing day caused three related real estate deals to fall ap ...

Tagged with: legal matters mark weisleder coldwell banker terrequity coldwell banker bridge financing real estate deals loan interest lender pre-approved financing conditional proof of income employment letters down payment moving costs train wreck real estate realtor article

Home Inspection: Should Seller Disclose the Flaws?

July 23, 2013 - Updated: July 23, 2013

The deal to sell your home fell through because an inspection found defects. Here’s why you should tell the next buyer about them. ...

Tagged with: coldwell banker coldwell banker terrequity legal matters inspection home inspection disclose flaws seller buyer deal fell through defects conditional article

Pre-approved Financing May Not be Enough for Home Purchase

June 19, 2013 - Updated: June 19, 2013

If you waive financing condition in your offer to purchase house or condo, you are in trouble if lender says you bid too high. Whether you& ...

Tagged with: legal matters article

Giving Power of Attorney to Friend: A Cautionary Real Estate Tale

May 22, 2013 - Updated: May 22, 2013

Take legal advice when signing over power of attorney. If you suspect someone who is elderly, or otherwise unable to take care of themselve ...

Tagged with: legal matters article

When Do You Have to Vacate a Rental Unit in Ontario?

April 25, 2013 - Updated: April 25, 2013

A look at when you need to move out of a rental unit. Hotels typically let you check in by 3 p.m. and ask you to check out by noon. This ...

Tagged with: legal matters article

Real Estate Home Inspection: Buyer Beware

March 15, 2013 - Updated: March 15, 2013

Home defects: Even if problem is hidden, like a stain under the bed, you may fail if you sue. The answer is a careful inspection. Buyers mu ...

Tagged with: legal matters article

Home Buying Mistake Costs Woman $46,000

February 20, 2013 - Updated: February 20, 2013

Many buyers ask for repairs to be done before a house deal closes. If the details are not set out clearly, there can be serious consequences. ...

Tagged with: legal matters article

Why GTA Housing Market Will Stay Strong in 2013

January 15, 2013 - Updated: January 15, 2013

Many economists predicted a local real estate crash this year, with prices falling by up to 25 per cent. I didn’t see that prediction comi ...

Tagged with: legal matters article

Must You Disclose Noisy Neighbours When You Sell?

December 7, 2012 - Updated: December 7, 2012

A teenager playing basketball on his family driveway in Peterborough made national news when the neighbour complained about the noise. A backyar ...

Tagged with: legal matters article

A Good Time to Look for Investment Property

November 9, 2012 - Updated: November 9, 2012

If the real estate market is headed for a correction, then it presents a historic opportunity for buyers of investment properties. The main reas ...

Tagged with: legal matters article

Should Your Home's Selling Price be Made Public?

October 10, 2012 - Updated: October 10, 2012

Should you care whether someone knows how much you paid for your home? Some people think that information should be made public, while othe ...

Tagged with: legal matters article

Good Home Inspections Find Water Problems

September 15, 2012 - Updated: September 15, 2012

When you talk to any home inspector, you will learn that for resale home buyers, it is all about finding potential water problems. No one wants ...

Tagged with: legal matters article

Does a Minute Matter in a Real Estate Deal

August 9, 2012 - Updated: August 9, 2012

The standard Ontario real estate contract says deals must be concluded no later than 6 p.m. on the day of closing. But if you’re a minute ...

Tagged with: legal matters article

No Breaks for Offshore Condo Investors from the Taxman

July 12, 2012 - Updated: July 12, 2012

There have been a lot of stories of foreign citizens buying Canadian condominium units from floor plans and then reselling them, for a profit, a ...

Tagged with: legal matters article

Real estate bidding wars: Ways to improve your chances

April 12, 2012 - Updated: April 12, 2012

With fewer sellers and high demand for housing in the GTA, bidding wars are back as the spring market gets under way. But for buyers these aucti ...

Tagged with: article legal matters

The Hidden Value in Heritage Properties

March 19, 2012 - Updated: March 19, 2012

A city's heritage should be a sense of pride. It honours the past, while allowing the future to evolve. But many people complain that a heritage ...

Tagged with: article legal matters

Understand the Consequences of Joint Tenancy

February 16, 2012 - Updated: February 16, 2012

If you buy a home with your spouse or another person this year, you will have to decide how to take title together. It can be either as a joint ...

Tagged with: article legal matters

Can You Sell Your Home By Email?

January 10, 2012 - Updated: January 10, 2012

Over the course of three days last October, Marc Girouard and Kelty Druet corresponded by email about the sale of Druetís condo in downtown Monc ...

Tagged with: legal matters article

The Basement Flood Led to a Lawsuit

December 13, 2011 - Updated: December 13, 2011

Don and Louise Beauchamp owned a home in London, Ont., and during the six years they lived there they renovated their basement, first using it a ...

Tagged with: article legal matters

7 Tips For Successful Real Estate Investing

November 10, 2011 - Updated: November 10, 2011

By Mark Weisleder Many people think being a landlord and investing in real estate is a way to make easy money. It can be financially rew ...

Tagged with: article legal matters

As Parents Age, Stay Put or Sell?

October 11, 2011 - Updated: October 11, 2011

One of the more difficult decisions for many people is what to do with the family home when elderly parents are unable to maintain it. The alter ...

Tagged with: article legal matters

17 Things To Know About Closing Your House Deal

September 27, 2011 - Updated: September 27, 2011

Closing day in a house deal is a milestone for both the seller and the buyer. To make it go smoothly, it is very important that both buyer and t ...

Tagged with: legal matters article

What does 'updated wiring' really mean?

August 8, 2011 - Updated: August 8, 2011

The subject of home inspections continues to matter to buyers and sellers. John says that he would never listen to a home inspector recommend ...

Tagged with: article legal matters

Why I Wouldn't Sell My Home Myself

June 8, 2011 - Updated: June 8, 2011

Since writing about whether you could create a bidding war without an agent, I have received numerous emails from sellers, real estate agents an ...

Tagged with: article legal matters

10 ways to avoid buying the wrong house

May 26, 2011 - Updated: May 26, 2011

The most common mistake home buyers make is that they buy with their heart instead of their head. This often means they pay more than they shoul ...

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