Month: September 2025
Notice to the Real Estate Bar re iPro Realty Ltd. transactions
What are lawyers to do when closing a transaction that involves iPro Realty Ltd? The regulator, Real Estate Council of Ontario (RECO), closed the brokerage, iPro Realty Ltd. (iPro), effective August 19, 2025. iPro had 17 offices and 2,400 agents. There was a regulator approved sale of iPro’s assets to a new brokerage, iCloud Realty… Read More »
Categories: Online Only, Real EstateReal Estate in Practice – Liability Risks in Ordinary Transactions, Legislative Changes, and Cybercrime (2025)
This program explores emerging risks and evolving responsibilities in real estate practice. Through practical examples, participants will learn about legislative changes around anti-money laundering, cybercrime threats, non-arm’s length title transfers, and transactions involving separating couples. The session will provide risk management strategies to help lawyers protect their clients and reduce exposure to claims. Register now. This… Read More »
Categories: CPD, CPD Real Estate, Real EstateA real estate cautionary tale – Tribulations of tax check boxes
The client was buying a multi-million-dollar property, located geographically outside of the lawyer’s usual jurisdiction. Fully doable with province-wide Teraview access and today’s technology. The law office prepared the transfer and land transfer affidavit. The box indicating the transaction was subject to other taxes was checked. However, the lawyer practices in a jurisdiction where there… Read More »
Categories: Online Only, Real Estate