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How to Choose One Business Over Another

What makes one business better than another when you are buying a business?  Some of the considerations are obvious. Others are not.  As you explore the business landscape, keep in view these 12 markers for choosing a business. 1. Location Is the location of the business convenient?  Is it close to your home?  Is ...

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Obligations of All Registrants (REALTORS®)

Real estate is a highly regulated business in Ontario. These regulations protect consumers, establish standards and provide for a method of delivering consistent, predictable and professional services. It also provides a means to discipline those that do not uphold those standards. Real estate professionals standards include regulatory (REBBA/TRESA), fiduciary (legal) ...

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Rent Relief Requests and Other Residential Real Estate Tenant/Landlord Issues

With Canada’s labor market still experiencing the lingering impacts from Covid-19; many tenants are trying their best to get by with less income, rising inflation and higher rents. At the same time the real estate market is hot and investors with rental properties want to sell to maximize the return ...

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10 Common Costs of Owning a Home

1-Property tax. May of the services you will enjoy in your new neighbourhood, from parks and recreation facilities to road maintenance and schools, are funded by property taxes. Rates vary widely from region to region and home to home. Annual taxes can top several thousand dollars in urban centres, so ...

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Rent Relief Requests and Other Commercial Real Estate Tenant/Landlord Issues

The COVID-19 pandemic continues to disrupt public health and economic activities across the globe. While the full effects of the virus remain to be seen, we need to be prepared for what is a challenging time. Relationships between tenants and landlords have been disrupted as millions of people shelter in ...

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Beware of Phishing Emails

What is Phishing?  Phishing is a cyber attack that uses disguised email as a weapon. The goal is to trick the email recipient into believing that the message is something they want or need — a request from their bank, for instance, or a note from someone in their company — and to click a ...

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Pre-Emptive or “Bully” Offers

My salesperson showed us two property listings and, in both instances, we wanted to submit an offer. But the properties were sold before the posted offer date. How can this happen? In a seller’s real estate market, you can expect to find that more than one buyer is interested in ...

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Changes to Non-Resident Taxes in Ontario Real Estate

In addition to all the usual taxes residents have to bear owning real estate; all non-residents selling or buying Canadian real estate are required to undergo some additional tax burdens made to deter non-resident investors from speculating in the housing market and ensure governments collect their due taxes. Without proper ...

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