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JH Law Held Seminars at Century 21 Landunion Realty Inc., Brokerage, Toronto, Canada

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Thursday, Jul 28, 2022, 11:00am – 12:00pm

Implications of & Tactics against the Recent Policy Changes in the Real Estate Market

- GST/HST on all Assignment Sales

Speaker: Eileen Long

Agenda:

- Basics of the Assignment Sales

- GST/HST on all Assignment Sales – What has changed?

- Other Common Tax Concerns associated with the Assignment Sales

  • LTT

  • HST rebate

  • Sales price holdback for non-resident assignors

  • NRST on non-resident assignees

- Increased Transaction Defaults as a result of the Interest Rate Rise

Speaker: Jessica Hu

Agenda:

- General Remedies

- Procedural Requirement: Tender

- Practical tactics when representing buyers and sellers

* Seller’s #1 Weapon: Deposit

* Buyer’s #1 Weapon: Caution and CPL

* Other tips when drafting the APS

  • Conditions

  • The Assignment Clause

  • Liquidated Damage 


RSVP to future seminars, please send email to info@jhlaw.ca

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