Land Transfer Tax: Assignments, Flips and Options

Determining the amount of Land Transfer Tax (“LTT”) payable on a routine purchase and sale transaction is not a difficult task. On a more complicated transaction or series of transactions, however, the impact of the Land Transfer Tax Act R.S.O. 1990, c.L.6, as amended (the “Act”) and the resultant LTT may have surprising and unfavourable results for a purchaser.

Quiz: Land Use Planning Reform

A Development Permit Sysytem combines the zoning, site plan, and minor variance processes into one application and approval process. Through area-wide studies and community consultation, new development standards and performance […]

Quiz: Municipal Bylaws & Commercial Real Estate

Municipal governments have broad powers to regulate many aspects of commercial operations, including land use and zoning regulations, business licencing, and billboard and signage regulations. Commercial real estate owners need […]

Toronto’s City-Wide Zoning By-law: Revisited

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The City of Toronto (“the City”) recently released a revamped version of its Comprehensive Zoning By-law, which will update land use controls on most properties in the City. Property owners […]