I am pleased to advise that the fourth edition of my book, Legal Responsibilities of Real Estate Agents, 4th ed. has now been published. Once again I have collaborated on the book with my friend, co-author and excellent research lawyer Rosemary Bocska, and it is again aimed […]
Marty's Musings | Law Firm of Martin K.I. Rumack
Be Careful if Buying Real Estate From a Non- Resident!
If you are purchasing a property from an owner who is not a Canadian resident, you must be careful and take certain steps in order that you do not become responsible for the Seller’s taxes owing to the Canada Revenue Agency (CRA).
A non-resident seller is […]
The Importance of Obtaining a Status / Estoppel Certificate
If you are considering purchasing a condominium, co-ownership, or a co-operative housing unit, an essential part of the process involves obtaining and reviewing a Status Certificate (formerly known as an Estoppel Certificate). I get a lot of questions about Status Certificates, and some of the more […]
Do You Need a Real Estate Agent? Hire a Professional
For people who want to buy or sell a property, there are many options available. At one end of the spectrum, sellers can privately list, advertise, market, and sell their own properties; conversely buyers can conduct their own research, arrange for various inspections, and negotiate on their own […]