Areas of Law
Residential Real Estate Tax Considerations Checklist
Download this Real Estate Tax Considerations Checklist to help navigate the complex landscape of tax-related issues you need to consider when representing buyers and sellers. While it is not an exhaustive list, this checklist covers some tax-related matters that you should consider turning your attention to
Categories: Checklist, Real EstateNotice of Security Interest (NOSI) ban effective June 6, 2024
The Ontario Government has passed Bill 200, the Homeowner Protection Act, 2024, in the Legislative Assembly of Ontario, which received Royal Assent on June 6, 2024. The Personal Property Security Act was amended to specify that a notice of security interest (NOSI) may not be registered in a land registry office with respect to collateral… Read More »
Categories: Online Only, Real EstateUPDATE: Administrative dismissals of SCJ civil, family and Small Claims Court matters resume May 13
Please note that administrative dismissals resume on May 13, 2024, for Superior Court civil, Small Claims Court, Divisional Court, and family matters. The contents of this notice only address Superior Court civil actions. Which Superior Court civil actions will be dismissed? Unless appropriate steps are taken, Superior Court civil actions are subject to be administratively… Read More »
Categories: Civil LitigationVacant Home Tax: Is your client buying or selling?
Several regions in Ontario have introduced or are contemplating the introduction of a vacant home/unit tax (VHT). The failure to file a declaration of occupancy status (“VHT declaration”) has led to complications for both sellers and buyers. If homeowners fail to submit the VHT declaration by the stipulated deadline, the property is presumed vacant. This… Read More »
Categories: Online Only, Real EstateTitle insurance matters: ‘One of these things is not like the other’
You may recall the title as a lyric from a song in a popular kids show many years ago, reinforcing the benefits of being aware and noticing differences. This same lesson applies when comparing the legal protection coverages offered by other title insurers that compete with the Legal Service Coverage that’s included in TitlePLUS policies…. Read More »
Categories: 2024 March - The Confidence Client, Articles, Real Estate, Title insurance, TitlePLUSAdministrative dismissals will resume May 13, 2024
Today, February 28, 2024, the Ministry of the Attorney General of Ontario has informed the public and the profession that administrative dismissals of Superior Court civil actions that have not been set down for trial within 5 years, or have been struck off a trial list and have not been restored within 2 years of… Read More »
Categories: Civil LitigationCRA’s new trust reporting requirements
[Updated March 28, 2024] This year’s tax filing season may be looking different for some people and corporate entities due to new trust reporting rules. These changes, while presenting challenges, also offer legal professionals an opportunity to educate their clients. Overview Previously, trusts were only required to file a T3 Trust Income Tax and Information… Read More »
Categories: Corporate Law, Family, Online Only, Real Estate, Tax, Wills & EstatesPractice Tips for Wills and Estates Lawyers (2024)
This program brings together leading practitioners, including LAWPRO senior claims counsel, to provide key tips and explore some of the leading cause of claims in the area of wills & estates. Covering content of particular interest to wills & estates solicitors, the panel will discuss topics such as discovering assets and liabilities when will-drafting, avoiding… Read More »
Categories: CPD, Wills & EstatesTop Tips for Advocates (2023)
This program full of practical advice and tips is for advocates from all areas of practice. Learn from leading advocates and LAWPRO counsel about recent developments in areas such as limitation periods, ineffective assistance of counsel, establishing the legal status of clients, and more. Original date: June 22, 2023 Download the materials Speakers Edward Marrocco,… Read More »
Categories: Civil Litigation, CPDImportant Reminder: Update to Non-Resident Speculation Tax
Effective October 25, 2022, the Non-Resident Speculation Tax (NRST) rate was increased to 25 per cent from 20 per cent. It applies to the purchase or acquisition of an interest in residential property located anywhere in Ontario by individuals who are not Canadian citizens or permanent residents of Canada, or by foreign corporations or taxable… Read More »
Categories: Online Only, Real Estate