What happens when a buyer backs out of a real estate deal?
Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....
Selling
Is the family responsible to pay the mortgage for a loved one who has passed away?
When a home owner dies with money owing on the property, the type of ownership determines who is accountable...
Making sense of the markets this week: August 7
Do earnings matter in 2022? Will Canada follow the U.S. into a recession? Plus other fascinating market fodder.
Are fees payable for acting as a power of attorney?
Can you be paid for a role as an attorney for property, in particular, after the position has already...
Advertisement
Making sense of the markets this week: July 10
The worst start for markets since 1962, rate-hike fears, the pending real estate collapse and bank brokerages hide high-interest...
Should I sell and rent or get a reverse mortgage?
What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for...
How to save on capital gains tax when selling a rental property
A reader wonders if he should buy his parents’ rental property or wait to inherit it, based on the...
Capital gains when selling property to family
If you sell a property to a relative for a bargain price, does that mean you pay less tax...
Advertisement
Capital gains on subdivided land, and HST on vacant land
For property that you can subdivide, you can sell some of the land and build a house on the...