Build Canada Homes: What the New Federal Housing Program Means for Ontario Buyers
Canada’s housing affordability crisis is not new, but a new national initiative, Build Canada Homes, aims to tackle it head-on. Set to launch later in 2025, the program is part of a larger federal strategy to double the country’s annual housing output to 500,000 homes per year. The government plans to act as a developer […]
Death to the NOSI! New legislation would ban registration of Notices of Security Interests on land title.
On May 27 th , 2024, the Government of Ontario introduced new legislation that would strengthen protections for homeowners. The Homeowner Protection Act, 2024, would ban the registration of Notices of Security Interests (NOSIs) for consumer goods and deem NOSIs for consumer goods currently registered on title to be expired. This legislation aims to protect […]
2024 Vacant Home Tax Declaration for Toronto Home Owners Deadline
The deadline for filing the Vacant Home Tax Declaration is February 29th, 2024. Please note: This article is meant for educational purposes only. Rabideau Law does not provide tax filing services. The Declaration can be submitted online at https://www.toronto.ca/services-payments/property-taxes-utilities/vacant-home-tax/vacant-home-tax-declaration-of-occupancy-status/ Beginning this year, a fee of $21.24 will be imposed for late submissions, with an additional penalty […]
Holding Title Episode 5: Required items
Join Geoff Rabideau in this new series as he covers the many scenarios surrounding holding title in real estate. Episode 1: How to hold title Episode 2: Add someone to title Episode 3: Removing someone from title Episode 4: Removing a deceased from title Episode 5: Required items The blog published by Rabideau Law is […]
Holding Title Episode 4: Removing a deceased from title
Join Geoff Rabideau in this new series as he covers the many scenarios surrounding holding title in real estate. Episode 1: How to hold title Episode 2: Add someone to title Episode 3: Removing someone from title Episode 4: Removing a deceased from title Episode 5: Required items (coming December 21st) The blog published by […]
Holding Title Episode 2: Add someone to title
Join Geoff Rabideau in this new series as he covers the many scenarios surrounding holding title in real estate. Episode 1: How to hold title Episode 2: Add someone to title Episode 3: Removing someone from title Episode 4: Removing a deceased from title Episode 5: Required items (coming December 21st) The blog published by […]
Holding Title Episode 1: How to hold title in real estate
Join Geoff Rabideau in this new series as he covers the many scenarios surrounding holding title in real estate. Grab your popcorn; episode one is now available! Episode 1: How to hold title Episode 2: Add someone to title Episode 3: Removing someone from title Episode 4: Removing a deceased from title Episode 5: Required […]
5 things to do after incorporating your business
1. OPEN A CORPORATE BANK ACCOUNT Your business is now incorporated and you are ready for business. Your corporation is a distinct legal entity, separate and apart from you. It can sue and be sued, it can own assets, transact business and it therefore needs a bank account, separate from your personal account. To open […]
What happens when a deal doesn’t happen?
Speaking at the CMBA Symposium in Toronto, Geoff Rabideau takes you on a journey through what happens when a legally binding sale of real estate, does not close. Plus, he offers his top 5 best practices for brokers. Tune in now to the BHBTV app!
Personal Real Estate Corporations Part Three: Corporate Structure & Liability
The province of Ontario implemented the Trust in Real Estate and Sales Act (“TRESA”) on October 1, 2020 amending Ontario’s existing Real Estate and Business Brokers Act (“REBBA”). The comprising amendments update legislation and regulations for licensed real estate salespersons and brokers (“Agents”), reduce regulatory burdens, and provides more powers to the Real Estate Council […]