Marty's Musings | Law Firm of Martin K.I. Rumack

WHAT ELSE IS NEW! Canada Mortgage and Housing Corporation Raises Premiums Again

March 13, 2017
|
0 Comments
|

Canada Mortgage and Housing Corporation has announced an increase in their rates for mortgage insurance, starting in mid-March. CMHC has announced that the premium, which is calculated based on the mortgage’s loan-to-value ratio will add approximately $5.00 a month for borrowers on average […]

Read more

New Rights for Tenants Who Are Sexual or Domestic Violence Victims: Are You “In the Know”?

February 28, 2017
|
0 Comments
|

Effective September 6, 2016, the Ontario government implemented changes to the Residential Tenancies Act, 2006, which impacts both landlords and tenants in an important – and perhaps surprising – way.

What Has Changed?

The Sexual Violence and Harassment Action Plan Act, 2016 amends the legislation to benefit tenants who are […]

Read more

IMPORTANT Changes to Toronto Land Transfer Tax APPROVED – Effective March 1, 2017

February 24, 2017
|
0 Comments
|

City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017, when it will be harmonized with the provincial LTT.
Status […]

Read more

Assigning an Agreement of Purchase and Sale

February 21, 2017
|
1 Comment
|

What is an Assignment of an Agreement of Purchase and sale?

At its essence, an Assignment of an Agreement of Purchase and Sale – informally known as “flipping a home” – is a simple concept:  A buyer (Assignor) of a new home sells to a third party (Assignee) the right […]

Read more
‹ Prev page1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next page ›