July 15, 2024
The relationship between landlords and tenants should in theory be a pretty simple one. Landlords provide a product for tenants to use. In the case of residential property that product is a dwelling for them to live in. In the case of commercial property it may be a building for them to run a business from. In either case, the tenant in return for the right to occupy the bricks and mortar, pays the landlord rent. With that rent, the landlord pays his expenses: mortgage, taxes, insurance, etc. And hopefully realizes a return on his investment. Pretty straight forward.
July 15, 2024
To really understand the Canadian economy today especially as it is reflected in the Real Estate market, you need to travel back in time to the late 1970’s and early 1980’s. Two factors need to be analyzed. Inflation rates and interest.
The Homeowner Protection Act, 2024 (HPA), came into force on June 6, 2024. This legislative effort marks a significant step forward in protecting homeowners and buyers in Ontario and introduces several key measures aimed at ensuring fair practices in the real estate market, each of which will be given a brief review in turn.
In our last article, we reviewed estate planning from the perspective of married couples. In this article we consider estate planning from the perspective of common law couples in blended families.
June 17, 2024
They teach you a lot in Real Estate Licensing School. Regulatory Compliance issues as they apply first to the Real Estate and Business Brokers Act (REBBA) and now more recently the Trust in Real Estate Services Act (TRESA). And of course, a host of other Acts and guidelines. The New Condominium Act.
June 17, 2024
At the start of every month, our real estate boards publish the sales stats for the previous month. It’s always interesting to see these figures and from them try to deduce where the market is going based on past and current performance.
June 17, 2024
I’m sure it comes as no surprise that Ontario has a shortage of housing. Certainly, anyone in real estate is acutely aware of this. It quickly becomes apparent when you are trying to find a good rental unit for a perspective tenant, and even in spite of the post-covid slowdown in real estate, the right house is sometimes hard to find. This is especially critical in and around Toronto because it is the province’s epicentre for immigration. But housing shortages are a reality across the province.
June 17, 2024
The spring housing market is upon us! Whether you’re looking to sell, buy, or want to ensure your mortgage is in order, knowing what to expect can help.
Better late than never! Each year, late winter or early spring RE/MAX Garden City Realty Inc. hosts an Awards Gala where we celebrate the outstanding achievements of our salespeople for the previous year. RE/MAX International hosts an International Convention (R4) in Las Vegas each year, always end of February.