As the baby boomer generation continues to age, more and more individuals are looking for ways to downsize their homes and simplify their lives. One demographic that is particularly interested …
House Movement
Question: I have lived in my house for over 50 years, and within the last 6 months, I believe I have sensed a shifting. How can this be? Answer: You …
Father now Holds Title with Daughter
Question: Owner added his daughter to title 10 years ago as a joint tenant. Owner has lived in the property for entire time as sole occupant. The daughter lives in …
Criminal Interest Rate Reduction
Under Section 347 of Criminal Code, it is an offence to enter into an agreement or arrangement to receive interest, or actually receive interest, at an effective rate exceeding 60% annually. …
Holding onto Two Houses
Question: If someone lived in their home for a number 25 years and then purchased a new property which they occupied as their principal residence, while renting out the first, …
Adverse Possession in Rural Area
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 …