It can cost you to back out of a purchase

Superior Court orders a buyer to pay over $600,000 to the builder of a Thornhill development where she walked away from her deal. Over the last five years, Ontario’s courts have been busy with litigation involving failed residential real estate transactions. When the...

It can cost you to back out of a purchase

Superior Court orders a buyer to pay over $600,000 to the builder of a Thornhill development where she walked away from her deal. Over the last five years, Ontario’s courts have been busy with litigation involving failed residential real estate transactions. When the...

Superior Court awards condo owner $30,000 in noise ruling

‘This singular issue has been outstanding … for the better part of 10 to 11 years,’ writes the justice in her decision about garbage room clamour. A case released by the Superior Court last month is a textbook example of how condominium boards should respond to noise...

Floor plan review is critical to a condo purchase

Make sure your lawyer confirms the unit you’re buying matches the building plans, writes Bob Aaron. A near disaster in closing 173 units in a new Guelph, Ont. condominium project last week underscores that the most important documents in any condominium purchase are...

Is it time to abandon the metric system in construction and real estate?

Our strange mix of using both Imperial and metric systems is hard to fathom by any measure, writes Bob Aaron. As Britain prepared to celebrate the Queen’s Platinum Jubilee last week, British Prime Minister Boris Johnson was expected to announce the country’s return to...

A ‘believe it or not’ home insurance case in Superior Court

Superior Court justice compares events to Ripley’s iconic tagline in his decision on litigation, writes Bob Aaron A court case involving the appraisal of a fire loss on a Toronto home was described in a Superior Court ruling last month as a Ripley’s Believe It or Not...

Budget ’22 may rattle the resale of pre-built condos

Property speculation is targeted in the recent federal budget and has the potential to cause upheaval, writes Bob Aaron. The 2022 federal budget has the potential to create a huge upheaval in the market for pre-construction condominiums. The government plans to reduce...