Question: A property was purchased back in August 2006. New owners have an amicable relationship with the former owners (who are also neighbours) and since purchasing the property from them, …
Unpaid Water Bill: Added to theTaxes
Question: A Buyer client of mine from 2021 has just received a bill from the City telling them that they owe $4,700 for water that would’ve been billed to the …
Revisions to Consumer Protection Act
Registration of Notices of Security Interests Many companies really fail to bring to the homeowners attention that if they rent some, then a lien will be registered against the title …
Ontario’s New Consumer Protection Act
The Province is looking to update this legislation. When it comes to real estate, the biggest impact will be furnace rentals and the like. Long-term Leases The concern is “purchase-cost …
Pay Double for the Furnace: Rent it!
Many people are looking for a bargain when they shop. Hence, we have Walmart and Costco. But, nobody likes to read the fine print. So, when it comes to getting …
House Now Blocks Driveway
Question: There is a detached house with a private driveway. The house was enlarged and extended into the driveway, so there is now no private drive at the side of …
Ottawa Vacant Unit Tax
The City of Ottawa has passed a By-law dealing with the “Vacant Unit Tax”. It comes into force 1 January 2023 and imposes a tax of 1% of the assessed …
Offer Clauses: Toronto Vacant Home Tax
The City of Toronto has made Purchasers responsible for the added tax which might come as a surprise. So, consider adding the following clause or something similar to an Offer …
Change of Ownership and Toronto Vacant Home Tax
The City of Toronto is looking to place a lien on the property for unpaid taxes. That means that the vacant home tax will become the Purchaser’s responsibility. Have a …
Toronto Vacant Home Tax: The Declarations
“Types of Property Status Declarations Property Status Declaration Description Subject to Vacant Home Tax? Occupied as principal residence of homeowner The property is where you reside and conduct your daily …