When parties are unable to establish the future value of property in an agreement – for example, options to purchase or lease renewal options – they typically agree that the transaction will be based on the property’s fair market value ("FMV") at the time, then set out a process for determining FMV should they fail to see eye-to-eye on what’s "fair" when the time comes.

The Ontario government enacted the PSBA, effective June 18, 2020, which amended Ontario's Commercial Tenancies Act and created greater incentive for commercial landlords to participate in CECRA for small business program ...

When lenders consider their real property security options, their analysis often goes beyond simply taking a mortgage from a debtor who owns real estate.

Whether you are a landlord or a tenant, one of the crucial terms to consider when negotiating a lease is the renewal clause.

Commercial mortgage lending for retail properties in Ontario has become increasingly complex as the retail sector faces transformative market pressures.

On June 5, 2020, the Saskatchewan government announced commercial eviction protection for certain small business tenants during the COVID-19 pandemic.

In this case, the Landlord sought to recover unpaid rent from prior operators of a coffee shop.

On March 19, 2020, two days after announcing a state of emergency due to the coronavirus pandemic, Ontario moved to temporarily protect residential tenants from eviction.

Commercial leases commonly provide that the tenant may not assign or sublet without the landlord’s consent, which landlords will typically agree not to unreasonably withhold.

Historically, farmers running successful businesses have preferred buying equipment to leasing, as it allows them to own assets with value that they can sell in the future.

Direct agreements or tripartite agreements are often an important feature of financings involving ground leases or single tenants, as well as in project finance.

Further to our article from July 17, 2020, the provincial government has released requirements of the new repayment framework applicable to residential tenants with outstanding rent from April to August.

Since the publication of our blog, Tenants Beware: The Risks of Landlord Tax Liabilities, draft legislation released by the Department of Finance on August 12, 2024...

I don't understand the implications of adding my adult child as a joint tenant on my home. I know that there can be capital gains tax implications but don't really understand how it works. – A Money123 reader

In November of 2021, the Ontario Government released its Fall Economic Statement. In the section entitled "Property Tax Stability and Competitiveness," the government stated...

In most commercial leases, a tenant's option to extend or renew the lease is generally subject to the tenant's satisfaction of a common set of conditions.

In the complex world of corporate mergers and acquisitions, the impact of improper and incomplete due diligence should not be underestimated.

Commercial landlords have, in the past year and a half, dealt with many novel issues in relation to COVID-19, often on an emergency basis.

The unexpected passing of a tenant can present several legal implications for both landlords and the deceased tenant's estate. From navigating the termination of lease agreements to handling personal belongings...

Today's economic climate has businesses re-evaluating their office space needs, resulting in surging vacancy rates in Québec's office market.