Patent vs. Latent Defects and Caveat Emptor

With multiple offers being common place in the real estate market, many buyers are being forced to submit firm offers on properties that they barely have seen and not had the opportunity to inspect. Some sellers are taking advantage of this opportunity and are offloading themselves of properties that have had defects and deficiencies.  Thus, […]

Probate and Estate Administration Tax

When acting as a prospective estate trustee in Ontario, it is often necessary to apply to the court for a certificate of appointment of estate trustee. Although it is commonly referred to as “probate”, the certificate of appointment is essentially a validation of a will or, in a scenario where no will exists, an authorization […]

CMHC Study – Examining Escalating House Prices in Large Canadian Metropolitan Centres.

CMHC, Canada Mortgage and Housing Corporation, just released a new study analyzing rising home prices in Canada, titled Examining Escalating House Prices in Large Canadian Metropolitan Centres. CMHC posted about this report, stating “The report represents one of the most thorough examination of house price patterns ever completed in Canada and is the result of […]

Common Law vs. Marriage

Common Law and Marriage are often confused when it comes to the division of property and other rights and obligations upon separation. In order to know what you’re entitled to, it’s important to understand the distinction between these two terms so you can create the best plan for your future. What may be confusing to […]