Bob Aaron bob@aaron.ca
Bob Aaron is a veteran Toronto real estate lawyer with Aaron & Arron and author of Title Page, a Toronto Star weekly real estate column. Mr. Aaron’s expert insight into the legal side of real estate makes his columns a must read for all real estate practitioners.
Copyright 2010 Aaron & Aaron. Reprinted with permission. For all of Bob Aaron's articles, go to www.aaron.ca.
Land survey most important document in real estate transaction — May 1, 2010
The sad tale of the Glenlake Ave. driveway featured in the Star late last month has focussed public attention on the difference between the Land Registry and the Land Titles systems of property ownership. It has underscored yet again the fact that the single most important document in any real estate transaction is the land survey — formally known as surveyor’s real property report.
Court ruling rattles home inspectors — November 21, 2009
The home inspection industry in Canada may never be the same again following the decision of the British Columbia Supreme Court last week in the case of Salgado v. Toth*.
Insist on fireplace inspection when purchasing home — August 22, 2009
I was reviewing an offer to purchase a Toronto house last week and was surprised to see a condition that I had never seen before in an offer on a city home.
Buyer pays price for jilting agent — April 19, 2009
Earlier this month, the Ontario Superior Court of Justice released a decision which highlights the obligations of parties signing a buyer-agency agreement.
Advertised house came up short — April 4, 2009
Purchase offer should ask that the advertised square footage be warranted.
Putting oil in wrong tank adds fuel to this warning — August 9, 2008
A decision of the Ontario Superior Court earlier this year provides a valuable lesson to property owners whose homes were once heated with fuel oil.
Agents should never brush off the need for a survey — November 1, 2008
Nathan Vlahos and his wife are about to become first-time homebuyers. They are looking for a home between Richmond Hill and Newmarket and have selected a local real estate agent to help in their search.
Known dangerous defects must be disclosed by vendor — November 8, 2008
Does the doctrine of "buyer beware" allow a seller to conceal the mere possibility that there is a potentially dangerous condition in a house? That was the issue in a case heard earlier this year in Edmonton.
Lawyers may kill deals not in client's best interest — November 22, 2008
From time to time, lawyers get accused by real estate agents of being "deal killers." I was reminded of this recently in an email from Paula Riopelle, a real estate lawyer in Orleans, Ont.
House must be completely empty when sale closes — February 9, 2008
Seller's belongings must be gone from the moment the keys are handed over.
UFFI clause has outlived its purpose — July 21, 2007
Virtually every residential real estate sale agreement in Ontario contains a clause concerning urea formaldehyde foam insulation (UFFI). Typically, the clause is a warranty that the seller has never caused the house or condominium unit to be insulated with UFFI and that to the best of the seller's knowledge, the property does not contain UFFI.
Fraud, forgery alleged in mortgage scheme — September 2, 2006
Mississauga man faces charges—Complex property flips probed by RCMP
Seller on hook for damage between deal signing, closing — December 24, 2005
What happens to a house purchase transaction when the building suffers substantial damage between the time the offer is signed and closing? |
