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Starting early next year, new federal legislation will come into effect that prohibits foreign buyers from directly or indirectly purchasing real estate across Canada for the next two years.

In order to target real estate speculation and address the affordability crisis, the BC provincial government has introduced a new law taxing profits from short-term property sales.

A right of first refusal, or ROFR, is a common clause in contracts. It's also remarkably powerful: by giving one party exclusive access to a transaction before anybody else...

On November 13, 2014, the Supreme Court of Canada released its much anticipated decision in Bhasin v. Hrynew, 2014 SCC 71.

In recent years, the provincial and federal governments have brought into effect several layers of legislation that are aimed at addressing residential housing concerns in British Columbia and Canada.

Earlier this week, the City of Toronto released a proposed Official Plan amendment (OPA) to further regulate tall building setbacks in downtown Toronto.

Beginning January 1, 2021, changes to the Condominium Act, 1998 will introduce new obligations for condominium developers.

Warning Residential property owners in Canada – a new federal tax is being levied through the Underused Housing Tax Act on underused residential properties. Not all residential property owners...

We all have done it. Put title in joint tenancy so that if one spouse dies, the property goes to the survivor without the need for probate.

In the challenges facing landlords in the current economic and market conditions, the municipal tax treatment of vacant space is not to be forgotten as some relief available for the carrying costs of vacant space.

La pandémie de COVID-19 a et continuera d'avoir une incidence sur tous les aspects et secteurs de l'immobilier commercial canadien.

If you are financing your purchase with a mortgage, your realtor and your lawyer will let you know you must have a water test completed.

The decision in Cassidy v. Smith 2008 BCSC 1778 provides useful guidelines regarding the proper date for assessing damages for breach of contract in a falling market.

On May 3, 2021, by Order in Council No. 277, the Government of British Columbia amended the Property Transfer Tax Regulation, B.C. Reg 74/88.

Historically, builders have found themselves in situations where they enter into agreements of purchase and sale in respect of new homes and, subsequent to entering into the agreements, but prior to the close of the transactions, the government announces that the relevant provincial sales tax will be harmonized with the GST or that there will be an increase in the HST rate.

I READ THAT the Canada Revenue Agency has changed the reporting rules when it comes to someone selling a principal residence. Can I still use the exemption if I sell my cottage?

On October 3, 2016, the Minister of Finance tabled a Notice of Ways and Means Motion to amend the principal residence exemption rules in the Income Tax Act (Canada).