Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2009 

20 Questions: on the Home Renovation Tax Credit   By Brian Madigan LL.B.There are a series of issues that are addressed in these 20 questions. For more detailed information, you should consult the Canada Revenue Agency website."1. What is the Home Renovation Tax Credit (HRTC)?The proposed HRTC is...
09/30/2009
Don't Forget to Holdback Money from the Contractor By Brian Madigan LL.B.  You are entitled to holdback 10% of the value of the work after it has been completed for a period of 45 days. That's the law! Although, many small contractors will say they never heard of it. So, where have they been for ...
09/30/2009
September 2009 Toronto Real Estate Market Recovers   By Brian Madigan LL.B.Here is the latest report from the Toronto Real Estate Board:"GTA REALTORS® Report Sales and Price Growth in September.In the first two weeks of September, Greater Toronto REALTORS® reported 3,361 sales - up 23 per cent co...
09/29/2009
Maybe You Can't Trust the Contractor   By Brian Madigan LL.B.The difficulty these days is that contractors have fallen upon hard times. This does not necessarily bode well for the homeowner.Consider the recent case of Mrs. Smith and TwinPac Swimming Pools*. Mrs. Smith thought that it would be nic...
09/29/2009
Commission Protection Insurance Explained   By Brian Madigan LL.B.The Real Estate Council of Ontario (RECO) has mandated the participation of all of its registrants in an insurance program that includes among other coverages, a "Commission Protection Insurance Policy".This policy is designed to s...
09/28/2009
Consumer Deposit Insurance Explained   By Brian Madigan LL.B.The Real Estate Council of Ontario (RECO) has mandated the participation of all of its registrants in an insurance program that includes among other coverages, a "Consumer Deposit Insurance Policy".This policy is designed to safeguard c...
09/28/2009
Swimming Pool Liability By Brian Madigan LL.B. A Court recently imposed liability upon a swimming pool installer for improper advice. A mother who was the owner of an above ground pool acquired a slide from a private individual. This was second hand. Before she installed the slide she contacted a...
09/25/2009
One Hundred Million Dollar Facelift for First Canadian Place  By Brian Madigan LL.B.   First Canadian Place is a landmark office tower in the centre of Toronto's financial district.  It was clad with 16 miles of carrara marble. This was affixed to the exterior façade in 45,000 separate slabs.  Bu...
09/25/2009
Affixed and Attached Chattels  By Brian Madigan LL.B. Remember the basic rules for fixtures and chattels:  1) if the item is not attached, it is presumed to be a chattel,  2) if the item is attached, it is presumed to be a fixture,  3) the presumption of the item being either a chattel or a fixtu...
09/25/2009
Unaffixed and Unattached Fixtures   By Brian Madigan LL.B. Remember the basic rules for fixtures and chattels:  1) if the item is not attached, it is presumed to be a chattel,  2) if the item is attached, it is presumed to be a fixture,  3) the presumption of the item being either a chattel or a ...
09/25/2009
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