A reply to a Realtor’s blog post last week on “Let’s put an end to phantom buyers.”
Continue Reading What is a “phantom buyer?”
consumer protection
Tarion to prohibit shady practice
By Chris Jaglowitz on
Posted in Buying and Selling, Legislation & Regulation
Tarion proposes to amend its regulations to stamp out the dirty practice of some condo developers collecting overestimated amounts for municipal taxes or development charges and pocketing the difference.
Continue Reading Tarion to prohibit shady practice
Deposits are safe, but what about money paid for upgrades?
By Chris Jaglowitz on
Posted in Buying and Selling, Condominium Act, 1998
Another condo project in trouble highlights the limitations of the trust requirements under the Condominium Act.
Continue Reading Deposits are safe, but what about money paid for upgrades?
1 Bloor purchasers may lose their dream but not their deposits
By Chris Jaglowitz on
The saga at the 1 Bloor condo development highlights the critical importance of the trust provisions in the Condo Act and Gerry Miller comments on the massive project now sold to a new developer.
Continue Reading 1 Bloor purchasers may lose their dream but not their deposits