fbpx

News

New Rules & Protection for Condo Owners this Fall

By in Blog with 0 Comments

Starting this fall, new rules will make it easier for condo owners to participate in owners’ meetings and will make it easier for them to access records of their condo corporation. The changes stem from a 2015 update to the Ontario Condo Act that now affects the lives of a growing number of condo residents.

Read More

Competition Tribunal rules against TREB

By in Blog with 0 Comments

REMOnline.com | April 28, 2016 – The Toronto Real Estate Board (TREB) has engaged in anti-competitive acts that had “a considerable adverse impact on innovation, quality and the range of residential real estate brokerage services that likely would be offered in the GTA” without TREB’s restrictive rules, the Competition Tribunal has found. During the tribunal hearing […]

Read More

New Mortgage Down Payment Rules

By in Blog with 0 Comments

December 11, 2015 – Finance Minister Bill Morneau announced new down payment rules in an effort to try and cool the country’s two hottest real estate markets, Toronto and Vancouver. For properties between $500,000 and $1 million, purchasers applying for an insured mortgage will now need to put up to an additional 2.5% of the purchase price […]

Read More