On May 27th, 2024, new provisions of the Ontario government’s Homeowner Protection Act came into force, bringing significant changes to the residential real estate market. Whether you’re a real estate agent or a new home buyer or seller, understanding these changes is crucial for navigating the current landscape. Let’s break…

The Canadian federal government has proposed a significant change to the capital gain inclusion rate, impacting individuals, businesses, and trusts. This proposed change, included in the Federal budget, suggests an increase in the inclusion rate from 50% to 67% for individuals earning more than $250,000 in capital gains annually, as…

In recent years, the concept of shared home ownership has gained traction across Ontario as an innovative solution to the challenges of the real estate market. Across Canada, 6% of homeowners co-own a property with someone other than their spouse. This ownership model offers individuals the opportunity to co-own property,…

The recent court decision in the case of CanDeal Group Inc. v. Capservco Limited (2024 ONSC 1315) underscores the enduring relevance of the principle of caveat emptor, or “buyer beware,” in real estate transactions. This principle essentially means that the responsibility for discovering any issues with a property lies with…

The Ontario Trust in Real Estate Services Act (TRESA) represents a significant overhaul of real estate practices in Ontario. This legislation came into effect on December 1, 2023 and amends the previous Real Estate and Business Brokers Act (REBBA) and has two substantial implications for home buyers and sellers. #1…

The new Prohibition on the Purchase of Residential Property by Non-Canadians Act (“Act”) will be in force for 2 years starting January 1, 2023. With some exceptions, this means that non-Canadians cannot directly or indirectly purchase any residential property. A non-Canadian is defined under the Act as:  a. an individual…

Congratulations to Michael Abrams who has been certified as a Specialist in Real Estate Law by the Law Society of Ontario.  One of just four lawyer in Ottawa designated as a Specialist in Real Estate Law, Michael’s certification recognizes his years of work for residential and commercial real estate clients…

Kelly Santini is honoured to be presenting this year’s Ottawa Arts Council Emerging Artist Award. The award recognizes and encourages the achievements of Ottawa artists who are in the early stages of their career in the arts and are working towards becoming recognized professional artists, while engaging with the community….