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Real Estate Law: Ontario Best Practices
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David H. Korman
December 14, 2023
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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 First Canadian Title Insurance Company Ltd. (FCT) to present a live webinar for an audience of my peers, namely lawyers practicing real estate law in the Province of Ontario.
Together with John Tracy, Senior Legal Counsel, Claims at FCT we discussed best practices for lawyers on real estate transactions in the current Ontario market, on various topics including:
The webinar attracted 871 lawyers to register. Remarkably, over 500 lawyers attended the webinar live in the middle of their work week. Somehow, I even survived the question period!
This was both an honour and a humbling experience that was truly unforgettable, and for which I am grateful.
If you are interested in receiving a copy of the webinar presentation or if you require our assistance with any other legal matters, please do not hesitate to contact us at (905) 270-6660 or e-mail us at: info@kormans.ca.
David is a member of the Law Society of Ontario since his call to the bar in 1985. David has over 35 years of extensive experience as a lawyer in residential and commercial real estate transactions, commercial leasing, corporate and commercial transactions, and private and institutional lending. His client base includes individuals, business entrepreneurs, developers, financial institutions, brokerages, and real estate investment trusts.
David takes an amiable and dedicated approach to practicing law. His focus is on providing his clients with the highest levels of legal service. Clients love working with David, as he always works hard in their best interests with a smile on his face. David’s sports background and leadership skills are highly influential on the growth and success of Kormans LLP as he truly believes in fostering the Kormans LLP environment as both a family and a team!
When David isn’t closing real estate and corporate transactions, David is an avid runner, hiker and sports enthusiast. However, what David enjoys most is spending quality time with his wife, kids, grandkids and friends at home, at the cottage, and on travels.
David is a frequent blogger, as well as a lecturer and panel member at seminars, webinars and workshops for real estate agents, mortgage brokers and home buyers. Please make sure to catch “David & David on Real Estate” – David’s featured Podcast which can be heard on RadioPublic, Spotify, Breaker, Anchor and Google Podcasts, and can be viewed on the Kormans LLP YouTube channel!
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Discover how Limited Liability Partnerships (LLPs) in Ontario protect professionals like lawyers, accountants, and architects while allowing collaboration, resource-sharing, and individual liability protection.
In this blog post, we will cover in further detail some of the other key items that are important to consider when accepting HST indemnity from the Buyer for the HST self-remittance.
There is an all-too-common misconception by some Buyers and even by some Buyers’ professional, licenced realtors that the time period for the delivery of a Deposit pursuant to a resale Agreement of Purchase and Sale (APS) effectively provides the Buyer with a cooling-off period. The mistaken belief is that the Buyer has until the time and date specified in the APS for the delivery of the Deposit to have Buyer’s remorse for whatever reason and therefore elect to terminate the APS by not delivering the Deposit.
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