Most buyers think a failed deal is automatically a breach of real estate contract. They’re wrong. In Ontario, some deals die lawfully because a condition was not waived, a notice was validly given, or the agreement itself allowed the deal to end. What a breach of real estate contract means in Ontario A breach of… Continue reading Breach of Real Estate Contract in Ontario: Buyer, Seller, Deposit & Remedies
Author: Daniel La Gamba
Daniel is one of the founding partners of LD Law. Having closed thousands of real estate transactions in his career, Daniel caters to a wide range of clients from the nervous first time homebuyer to the seasoned real estate investor. In addition, Daniel also advises clients on wills and estates and business and corporate law matters. Daniel is a well-known real estate lawyer Toronto.
Basis for Gifted Property in Canada: How It Works for Real Estate
Most Canadian readers searching basis for gifted property land on U.S. articles. They are usually wrong for Ontario real estate. In Canada, the real concepts are adjusted cost base, fair market value, and deemed disposition rules. A gift can trigger tax even if no money changes hands, and a title transfer can create mortgage, land… Continue reading Basis for Gifted Property in Canada: How It Works for Real Estate
Land Valuation Calculation: How to Estimate Land Value in Ontario
Most buyers think a land valuation calculation is one formula. They’re wrong. Land value is usually a range, and the right method depends on what the land can legally and physically do. A lot in Toronto, a rural acre outside the GTA, and a tear-down in an older neighbourhood do not value the same way.… Continue reading Land Valuation Calculation: How to Estimate Land Value in Ontario
Negotiating Tips for Buying a House in Ontario: Price, Terms & Offer Strategy
Most buyers think negotiation means one thing: price. They’re wrong. Good negotiating tips for buying a house start with price, but the deal is usually won or lost on terms, conditions, timing, and whether the paperwork matches what everyone thinks was agreed. Negotiating tips for buying a house: what matters most before you make an… Continue reading Negotiating Tips for Buying a House in Ontario: Price, Terms & Offer Strategy
Commercial Real Estate Valuation Methods: How Appraisals Work
Most buyers think one appraisal method gives one correct number. They’re wrong. Commercial real estate valuation methods are a set of tools, not a single formula, and the right tool depends on the property, the purpose, and the quality of the evidence. In our closing files across Toronto and the GTA, valuation trouble usually shows… Continue reading Commercial Real Estate Valuation Methods: How Appraisals Work