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Whilst bigger cities have changed the laws because of an influx of foreign buyers, other provinces have made even stricter rules on the ownership of land by non-residents of Canada, i.e. provinces have imposed the Land Protection Act and the Agricultural and Reactional Land Ownership Act, which have been renewed in restrict the purchase of land ...
That the question does not depend on whether the covenant runs with the land is evident from this, that if there was a mere assignment and no covenant, this Court would enforce it against a party purchasing with notice of it; for if an equity is attached to the property by the owner, no one purchasing with notice of that equity can stand in a ...
Section 8, dealing with specialist certifications, has yet to be proclaimed. REBBA is administered by the Real Estate Council of Ontario on behalf of the Ontario Ministry of Consumer Services. The Real Estate and Business Brokers Act, 2002, replaces the Real Estate and Business Brokers Act, 1990. [2] Notable changes with the new legislation ...
Beneficial owners hold specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Beneficial owner is subject to a state's statutory laws regulating interest or title transfer. [2] This often relates where the legal title owner has implied trustee duties to the ...
Canadian property law; Ontario Condominium Act, 1998; L. Land ownership in Canada; N. ... National Housing Act (Canada) National Property Law Digests; P.
If you choose to buy a house with a friend or group of friends — whether a primary residence or rental property — this arrangement could prematurely come to an end for any number of reasons.
Small business owners who applied for a HELOC or home equity loan were approved 44% of the time, compared to a 38% approval rate for a bank business or personal loan and a 34% approval rate for an ...
That was the pattern of land ownership in the earliest British settlements in what is now eastern Canada. When the Crown granted land to settlers, the land grant normally included all minerals, other than precious minerals. [6] The result is that in Ontario, Quebec, and the four Atlantic provinces, much of the mineral rights are privately owned ...