Real Estate
Sidney Troister on the red flags of real estate fraud and how you can protect yourself
We couldn’t have said it better ourselves! There is great advice from Sidney Troister on the red flags of real estate fraud and how you can avoid being a victim in this Torkin Manes bulletin (reproduced with permission): Much has been written about the flags of mortgage fraud, with a description of flags often buried… Read More »
Categories: Real EstateNew practicePRO Resource: The real estate malpractice claims fact sheet
With such a large amount of claims prevention information availalable in LAWPRO Magazine articles and practicePRO resources, we had the idea to create simple fact sheets that CPD providers and others could use in developing their program material for specific areas of law. The latest in our series of “malpractice claims fact sheets” covers real… Read More »
Categories: Real EstateRisky VTB mortgage transactions in Barrie and Collingwood [LAWPRO Alert #2]
This is the text of an alert sent by LAWPRO to all Ontario lawyers on April 29, 2015. LAWPRO is warning Ontario real estate lawyers to be on the alert for risky vendor takeback mortgage transactions, some of which may be closing this week. There is a significant potential claims risk for lawyers involved in… Read More »
Categories: Real EstateRisky VTB mortgage transactions in Collingwood and Barrie
This is the text of an alert sent to real estate lawyers in the Barrie and Collingwood areas on April 24, 2015. An updated alert was sent to all lawyers on April 29, 2015. Thanks to calls from lawyers and an email warning sent by one of the county law associations, LAWPRO has become aware… Read More »
Categories: Real EstateNew Rule Designates Certain Counties as the Place to Bring Mortgage Proceedings
Rule 13.1.01(3) of the Rules of Civil Procedure comes into effect on March 31, 2015 and requires that mortgage proceedings be commenced in the county that the regional senior judge, in the region where the property is located, designates for such claims. Pursuant to this authority, each Regional Senior Judge of the Superior Court of… Read More »
Categories: Real EstateA TitlePLUS video: Five common errors in a real estate deal
The latest issue of TitlePLUS today features a video on five common errors in a real estate deal, and the questions lawyers should be asking to protect themselves. For additional reading on these five errors, see the LAWPRO Magazine article Steer Clear of Real Estate Claims on By Asking These Five Questions on Every Deal.
Categories: Real EstateWould you get caught in a trust vs. gift dispute when handling purchase funds?
It can be uncomfortable to talk about money. When handling real estate purchases and domestic contracts, however, lawyers can’t afford to accept purchase funds on a “no questions asked” basis. Why not? Because if purchase funds come from somebody other than the prospective owner, the doctrine of resulting trust presumes that, regardless of who is… Read More »
Categories: Real EstateLAWPRO Magazine archive: The Boomer challenge – Are lawyers ready?
2013 is the first year 500,000 Canadians turned 60. It seems like a good time to revisit this article from five years ago, when the first edge of the Boomers were entering their seventh decade. It examines the implications for lawyers of this large and aging clientele. Click here or on the image above to… Read More »
Categories: Communication Errors, Family Law, Real Estate, Wills & Estates