Commercial Bond Yields CMB5 Year – 2.92% CANHOU 12/15/30[-] 10 Year – 3.52%*Est. CANHOU 03/15/36[+0.01%] Floating Rate insured cost of funds 2.81%[-] Prime Rate 4.45%[-] GoC2 Year – 2.54%CAN 09/01/28[-] 3 Year – 2.65%CAN 09/01/29[-] 5 Year …
Caveat Emptor in Real Estate Transactions
Croft v. Prendergast [1949] Ontario Court of Appeal Key Issue The main question before the Court was whether there is an implied warranty of quality or fitness for habitation when …
Suing for Adverse Possession
Land Titles Qualified Harmur Investments Ltd. (“Harmur”) and Katherine Lillian Pearce (“Pearce”) owned neighbouring cottage properties on Calabogie Lake in the Township of Greater Madawaska. Harmur sought a vesting order …
Harsh but Lawful: The McGuire v. Coldwell Banker Decision
Not Registered: No Commissions In McGuire v. Dejong and Coldwell Banker Integrity Real Estate Brokerage (2021 ONSC), Associate Justice A. Kaufman delivered a decision that underscores a difficult truth in …
Adding Unnecessary Provisions to a Notice of Fulfillment
Question: Is there any harm to adding: “The buyer and seller understand this is now a firm and binding deal” after the conditions in a Notice of Fufillment or Waiver? …
Buyer Refuses to Close Over “Cigarette Smoke”
Court Awards $280,000 to Seller: Deakin v. Chu, 2025 ONSCBackground In Deakin v. Chu (2025 ONSC), the Ontario Superior Court considered a failed real estate transaction in Ilderton, near London, …
Strict Deadlines Matter in Real Estate
Tang v. Rong, 2021 ONSC 8058 Background In Tang v. Rong (2021 ONSC 8058), the Ontario Superior Court considered what happens when a real estate deal doesn’t close on time, …
When “Time Is of the Essence”
Pre-construction 2012 – 2016 Deangelis v. Weldan Properties (Haig) Inc. Background In Deangelis v. Weldan Properties (Haig) Inc. (2017 ONSC), the purchasers, Christopher and Pasquale Deangelis, agreed to buy a …
Performance in October 2025
Detached, Semis, Townhouses and Condos Let’s look at the detached houses. They are down in terms of sales in Toronto (416) by 10.4% and down even further in the suburbs …
Survive a heart attack when alone
If you are a real estate agent and you practice with “seniors”, this is some basic information that you should have available and be ready to pass along. This was …