Question: Someone tried to book a showing with 2 different agents in my office. They say they are a “realtor”, their name comes up on RECO, but they also say …
There is no “Wills Act”
There is no standalone “Wills Act” currently in force in Ontario. The law governing wills and estate succession in Ontario is now found in theSuccession Law Reform Act, R.S.O. 1990, …
Seller Passes Away Right Before Closing
Question: Buyer and Seller enter into an Agreement of Purchase and Sale. It is unconditional. The contract remains in place as set out in the “Successors and Assigns” paragraph. Is …
Name of the Deal: Offer or Agreement?
This issue has been debated in Ontario real estate circles for decades and surprisingly, it still causes confusion today. At its core is a simple question: What do we actually …
Understanding Probate and Probate Fees in Ontario
When someone passes away, one of the first legal issues that arises is whether probate is required and, if so, how much it will cost. Probate is a common and …
Testamentary Freedom in Ontario
Liability to Dependants Testamentary freedom is a foundational principle of estate planning in Ontario. Clients generally have the right to decide how their assets will be distributed on death, and …
New Tarion Rule Strengthens Deposit Protection for Freehold Home Buyers
Freehold Homes Illegal and unlicensed building activity is becoming a growing concern in Ontario’s pre-construction freehold housing market. Buyers are increasingly exposed to the risk of losing their entire deposits …
Ontario’s New 90% Setback Rule
Effective November 21, 2025, Ontario implemented a practical change to zoning rules that will eliminate many minor variance applications related to setbacks. Under O. Reg. 257/25, a setback is now …
Commercial Indicators Explained
Commercial Indicators Explained for 19 December 2025 1. Commercial Bond Yields (CMB) These are Canada Mortgage Bond–related reference yields used by lenders to price insured and insurable commercial mortgages (multi-residential, …
Commercial Indicators – 19 December 2025
Commercial Bond Yields CMB5 Year – 3.24%CANHOU 06/15/31[+0.05%] 10 Year – 3.72%*Est. CANHOU 03/15/36[+0.03%] Floating Rate insured cost of funds 2.73%[-] Prime Rate 4.45%[-] GoC2 Year – 2.73% CAN 09/01/28[+0.03%] 3 Year – 2.86% CAN 09/01/29[+0.04%] 5 …