Rights of tenants and landlords still hazy as legalization looms
Tuesday, June 5, 2018
by Erin Ruddy
On October 1st, the new Cannabis Act will officially take effect, and no group of people is more concerned about the set of challenges legalization will likely bring than those managing (and living in) multi-residential communities.
Multigenerational households are becoming more common across the country.
As you are no doubt aware, legal marijuana is coming to Canada. The exact date that legislation will come into effect is still unknown, but is expected to be sometime later this summer, 2018. These significant changes raise the question of how the new legislation will affect condominiums and how the use of marijuana will be controlled.
Concerns
What you need to know about the Rental Fairness Act and its implications.
July 2018
Dear Friend,
The Toronto Real Estate Board reported 8,082 home sales through TREB’s MLS® System in June 2018 – up 2.4% over the June 2017 result.
Co-owning a cottage with family members usually happens through an inheritance, but for Stephen Warden and his parents, it was an intentional purchase.
Mr. Warden has always wanted a cottage of his own since visiting his grandparents’ cottage as a kid. “I remember it like it was yesterday. I love the water. I could be on the water every day,” says Mr. Warden, whose wife is also a cottage enthusiast, along with their two kids, ages 5 and 8.
When a status certificate for a condominium buyer says that the unit contains Kitec plumbing, it will raise a red flag, especially when this was not disclosed to the buyer in advance. Here are five things to know about Kitec plumbing and how to prepare when buying or selling a condominium.
Is Kitec a problem?
Canadian resale housing activity is seen dropping by 11 percent this year amid the fallout from tighter mortgage rules, high prices and supply issues, a national real estate group says. (Jonathan Hayward/Canadian Press)
Home sales in Canada are projected to slide by 11 percent this year, according to a new forecast by a national real estate group.
