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Buying Residential Property as a Non-Canadian in Ontario: The Intersection of the Prohibition on the Purchase of Residential Property by Non-Canadians Act and NRST

Over the last few years, Canadian real estate transactions involving non-Canadians have become significantly more complex. Two separate legal regimes now apply: the Prohibition on the Purchase of Residential Property by Non-Canadians Act (referred to further as the “ Act ”) and Ontario’s Non-Resident Speculation Tax (referred to further as “NRST”). While the two are legally distinct, application of one usually involves an analysis of the applicability of the other. The Act ,

Leaky Basement Post-Closing

If you discover that the basement in your newly-purchased home leaks - what remedies are available to you? If your new home has a water...

Alexandre Sinenko Professional Corporation
 66 Archerhill Dr. Toronto, ON M9B 5P4 

                                                                                                                         Phone: 416.626.1202   |   Fax : 416.626.3818   |   alex@aslo.ca

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