Zero Impact Schedule “B”

Everyone loves Schedule “B’s”. They are always filled with insight and inspiration! Let’s have a look at this one: The Buyer acknowledges that the property is being sold “as is …

Seller’s Disclosure

What does a Seller have to disclose? The Seller is under a legal obligation under the common law to disclose: Today, if the Seller decides not to disclose such matters, …

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 …

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 …