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Real Estate

Real estate lawyers: Planning to retire or leave practice? Three words: Legal. Service. Coverage.

You’re looking forward to retirement – next year, or maybe 20 years down the road. Or perhaps you’re leaving private practice to work as in-house counsel. Whatever your plans, you want to be assured that malpractice claims won’t come back to haunt you or your family. Real estate claims continue to be a major source… Read More »

Categories: Real Estate, The TitlePLUS Program & Title Insurance, Areas of Law

Easements: more than meets the eye

train tracks

Non-use of an easement does not lead to abandonment or extinguishment The recent Court of Appeal decision in Remicorp Industries Inc. v. Metrolinx makes it clear that non-use or the lack of need for an easement is insufficient for that easement to be abandoned or extinguished at law. A solicitor should advise their client of… Read More »

Categories: Real Estate, Areas of Law

Everything old is new again: Will the return of a broader rent control regime haunt the Ontario real estate bar?

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For decades the existence of rent control has posed a risk to Ontario real estate lawyers acting on the purchase and mortgaging of residential rental property. The range of affected properties is immense: From a basement apartment to a rented single family house to the largest multi-residential complexes in the province, many real estate files… Read More »

Categories: Real Estate, Areas of Law

New Standard (Residential) Lease Template in Ontario as of April 30, 2018

woman reading contract

The Ontario government is requiring all landlords to use a standard lease template for all new leases beginning April 30, 2018. Lawyers are encouraged to make themselves familiar with the terms of this new lease so they can advise clients of their obligations and rights under the new lease. The information below is taken from… Read More »

Categories: Uncategorized, Precedents, Real Estate, Risk Management & Claims Prevention

Notice to Lawyers Concerning Syndicated Mortgages

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On Oct. 24, 2017, the Law Society of Upper Canada issued a notice to lawyers concerning syndicated mortgages and syndicated mortgage investments. A syndicated mortgage is a mortgage where two or more persons participate as investors. Syndicated mortgages can be as simple as two people lending to a third person, the loan secured against a… Read More »

Categories: Real Estate

Commercial title insurance: What you need to know

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Commercial title insurance is a different product than a residential policy. For the most part, residential policies can be characterized as being “one size fits all” or “off the rack.” Yes, there are times when a residential policy may require an amendment or an exclusion to accommodate a particular situation, but often times, assuming the… Read More »

Categories: Real Estate
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