Many lawyers are counseling landlords to not agree to the CECRA program if the landlord wouldn’t be financially able to grant the rent reduction without financial assistance from the government. Why?
COVID-19 showed me that, notwithstanding one’s legal rights, landlords and tenants can co-operate, especially since their survival was interdependent. This is especially true during the height of COVID-19.
This case provides several important lessons about the dangers of miscommunication and not putting everything into a lease, despite written emails and good intentions.
In V Hazelton Limited v. Perfect Smile Dental Inc., the tenant, with the landlord’s permission, decided to relocate his business and sublease his unit to a subtenant.
I fear that the Big Apple’s reversal of fate will happen to Toronto if we rely upon property taxes as a solution without understanding the full impact of such a levy.
E-commerce will kill the mall unless landlords transform their role from rent collectors to remarkable experience creators.
Pre-construction has been one of the most popular forms of investment. Here are three of the many financial impediments that may make your flip a flop.
There is a general misconception that residential tenants may terminate their leases at will, without consequences or without any specific notice requirements. This simply isn’t true.
The last few months of national, provincial and municipal housing stats suggest there is a slump in housing sales. Is this the bursting of the housing bubble? Or is it simply because real estate is expensive?
In 2018, Ontario saw a steep rise in the number of condo projects being cancelled by builders. The numbers are shocking.