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

Good News for Owners of Co-ownership Units – Property Tax Classification Re Classified

November 1, 2016
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To the relief of Co-ownership Buildings created after 1998 but before 2008, and the individual unit owners, the submission to the Ontario Ministry of Finance has been successful.  A group of property tax experts consisting of David Fleet, Peter Milligan, and David Gibson were retained by […]

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How to Help Your Clients with Their Mortgage-Shopping

October 6, 2016
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By definition, real estate professionals are on the front-line of the home-buying process with their clients:  They are called upon to explain the process, to find them the right home, and then – alongside the involved lawyers – to help shepherd them through the actual legal home-buying […]

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Prohibited Interest Rate Can Include Not Merely a “Penalty”, But a “Discount” Too

October 6, 2016
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Those of you who have mortgages may know that the federal Interest Act contains a section that expressly governs post-default mortgage interest rates.  Specifically, section 8 of that Act prohibits a lender from imposing a “fine, a penalty or a rate of interest” that has the effect […]

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Legal Responsibilities of Real Estate Agents book review in REM Magazine

Legal Responsibilties of Real Estate Agents, 4th Edition Book Review in REM Magazine

September 27, 2016
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As Published by REM Magazine – June 27th, 2016

Legal Responsibilities of Real Estate Agents, Fourth Edition

Rosemary Bocska and Martin K.I. Rumack – LexisNexis

This popular textbook by research lawyer Rosemary Bocska and Toronto lawyer and frequent REM contributor Martin Rumack is […]

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