by milad@pruve.ca | May 11, 2023 | Uncategorized
You may be eligible for the GST/HST new residential rental property (NRRP) rebate if you are in one of the following situations: You are a landlord who purchased a newly constructed or substantially renovated residential rental property You are a landlord who built...
by milad@pruve.ca | Feb 8, 2023 | Uncategorized
An assignment sale is a type of real estate transaction that occurs when a buyer of a pre- construction home or condo decides to sell their rights to purchase the property to another buyer before the construction of the building is complete. This type of sale...
by milad@pruve.ca | Jan 30, 2023 | Uncategorized
A Certificate of Pending Litigation (CPL for short) is an encumbrance on title often registered by an party with an interest to warn the public that the property is subject to litigation. Registering a CPL should have the effect of preventing all dealings with the...
by milad@pruve.ca | Jan 10, 2023 | Uncategorized
What is the Vacant Home Tax? Effective at the begging of 2023 the City of Toronto’s Vacant Home Tax requires homeowners to declare whether or not their property is vacant by February 2, 2023. This tax aims to help boost the housing market by encouraging owners...
by milad@pruve.ca | Nov 16, 2022 | Uncategorized
Spouses who intend to make their wills together should be attentive to the differences between mirror wills and mutual wills. Both of these types of wills are generally produced by spouses who seek to pass down their estate in an identical manner. However, despite...
by milad@pruve.ca | Nov 4, 2022 | Uncategorized
In Canada, there are a number of laws surrounding the taxation of capital gains of an individual’s principal residence. When you sell your home, you may be required to pay taxes on any realized capital gains. Generally, individuals are exempt from paying taxes on...
