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Search For: "david korman"

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  03 April

  Will the NAR Settlement in the U.S.A. Eliminate Buyer’s Realtor’s in Canada?

  • Created by Kormans LLP

  
  

  A proposed settlement agreement has been reached with respect to a class-action lawsuit that was filed in the Missouri federal court by a group of home sellers against the National Association of Realtors (NAR) and other defendants. The Plaintiffs claimed that real estate commission rates are too high, buyers’ representa...

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  08 February

  Beneficial Ownership of Privately-Held Corporations - Information and Filings

  • Created by Kormans LLP

  
  

  Two levels of government have introduced legislation with respect to the beneficial ownership of privately-held corporations. The Province of Ontario introduced legislation effective as of January 1, 2023 requiring privately-held corporations in Ontario to keep their beneficial ownership information, or “individu...

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  14 December

  Real Estate Law: Ontario Best Practices

  • Created by Kormans LLP

  
  

  Over the years I have been fortunate to be a speaker and/or panelist on so many in-person conferences, seminars, and on-online webinars. I am always excited for the opportunity to impart my legal knowledge and expertise to an audience that usually consists of realtors, brokers, and consumers. Recently I was asked by...

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  16 November

  Protecting Parents’ Investments on Children’s Property

  • Created by Kormans LLP

  
  

  We were recently asked to do a seminar for a real estate brokerage to discuss the fact that parents often provide financial assistance to their adult children when they purchase a home. The question becomes whether it is possible to protect parents’ investments on their children’s property. The real question is whether...

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  21 September

  Is Time Still of the Essence

  • Created by Kormans LLP

  
  

  Every standard printed form of Agreement of Purchase and Sale (APS) contains the following “Time is of the Essence” clause: “TIME LIMITS: Time shall in all respects be of the essence hereof provided that the time for doing or completing of any matter provided for herein may be extended or abridged by an agree...

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