The taxpayer worked for a car dealership, and was employed as a manager. He had an employment contract and was paid $110,000.00 annually. However, he didn’t want to pay taxes …
Commercial Bond Yields -23 June 2023
Commercial Bond Yields CMB5 Year – 4.02%*CANHOU 06/15/28[+0.03%] 10 Year – 3.82%*CANHOU 06/15/33[-0.07] * denotes interpolated rateGoC5 Year – 3.75%CAN 03/01/28[-] 10 Year – 3.33%CAN 06/01/33[-0.07] 15 Year – 3.36%*Est. 12/01/38[-0.05] 20 …
Anticipatory Breach: Advantages to Seller
The Buyer and the Seller enter into an Agreement on 1 April to convey the property for $1,200,000.00 to the Buyer closing on 30 August. Later in the month of …
Anticipatory Breach: Advantages to Buyer
The Buyer and the Seller enter into an Agreement on 1 April to convey the property for $1,200,000.00 to the Buyer closing on 30 August. Later in the month of …
Rural Property Checklist
If you are a real estate agent and you are submitting an Offer on a Rural Property, there are a number of basic due diligence steps that you will have …
Waiver of Stacked Conditions
If you chose to include several conditions stacked in one clause, that clause might appear as follows: “This Offer is conditional upon: The next step is moving towards an “unconditional …
You Still Need to Prove Damages (Callow v. Zollinger considered)
In Callow v. Zollinger 18 December 2021, the Supreme Court of Canada expanded the duty of good faith, honest performance in Bhasin v. Hrynew. The Ontario Court of Appeal just …
Seller Might Pass Before Closing
Question: If an elderly seller (sole owner) lists a vacant property utilizing a Power of Attorney, sells firm with a quick closing date, but dies before closing. How can the …
Decluttering when Selling a Property
Decluttering when selling a property offers several advantages. Here are some of the key benefits: In summary, decluttering when selling a property helps create a visually appealing, functional, and well-maintained …
Anticipatory Breach
Anticipatory Breach: Explained In real estate, an anticipatory breach refers to a situation where one party to a contract communicates their intention to not fulfill their contractual obligations before the …