Driving along Bathurst Street, you have likely spotted some new signage. Seemingly overnight, your Real Estate & Corporate Lawyers have a Toronto office??? YES! It’s True 😊   Boxing & MMA Trainer Todd from @BlackHulkNation spots one of our new signs with joy!   Kormans LLP can trace its roots to o...

We often get asked by clients whether they can close the purchase of a home on the same day as they close the sale of their home. The short answer is yes, we do that all the time for our clients. The more complete answer is that there are risks with same day closings.   Often times there are chains of closings that ...

Recently, the Federal government introduced the First-Time Home Buyer Incentive (“Incentive”). The Incentive aims to help qualified first-time homebuyers reduce their monthly mortgage costs.   The Incentive consists of the Government of Canada providing a potential funding of 5% of the home’s purchase price fo...

We’ve explained the HST rebate for new houses and condos in our blog post here. There have been recent decisions from the Federal Court of Appeal that have denied the purchaser’s claim for the HST rebate. To keep you informed and alert, we’ve shared these cases below.   HST rebate denied in Canada v. Cheema, 2...

When starting a new business, individuals are often focused on the concept of the business, target demographics and the product or services that will be provided by the business. The legal framework that will govern such business is however often overlooked and not dealt with. Businesses often have multiple shareholders ...