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Trending: Modular Homes
David H. Korman
November 3, 2022
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Generally, there are two types of Modular Homes, Laneway Units and Garden Units, that are becoming more and more available in certain municipalities in Ontario.
Modular Homes are self-contained residential units located on the same lot as a detached house, semi-detached house, townhouse, or other low rise house. Modular Homes are completely detached from the main house on the property. Laneway Units are located in the back yard adjacent to public laneways, and Garden Units are similar ancillary buildings but located in back yards that do not abut laneways.
Sanitary facilities and food preparation facilities are provided for the exclusive use of the occupants of the Modular Homes. Utilities are connected from the Modular Homes directly into the existing utilities of the main house on the property.
Modular Homes are constructed completed off-site in as little as 4 to 6 months and can be installed in one day thereby reducing the disruption to daily life, and with substantially less on-site waste than conventional build methods. Usually, it is the Builders of the Modular Homes and not the homeowners that are responsible for the costs of surveys, infrastructure, building permits, occupancy permits and variances if required.
It is essential to have a lawyer familiar with Modular Homes review an Agreement of Purchase and Sale for a Modular Home to ensure that the homeowner is properly advised with respect to issues such as the details included in the fixed price contract, HST, Tarion warranties, deposit protection, municipal Development Charges Deferral Agreements, termination rights, conditions, and financing.
If you have any legal questions please do not hesitate to contact us to speak with one of our lawyers 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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