Focus on Real Estate – October 2011


In This Issue:

1 Condo Developers Should Be Concerned with Construction Lien Act Amendment

2 City of Toronto's 5 Year Review and Update Process of Official Plan Starts in 2011

3 New Standard? Purchaser's Responsibility to Prove a Misrepresentation or Omission Was Material. Case Comment: Sharbern Holding Inc. v. Vancouver Airport Centre Ltd., Supreme Court of Canada

4 Three New Lawyers Join the Real Estate Group

5 Contact Us

Excerpt From: Condo Developers Should Be Concerned with Construction Lien Act Amendment

The passage of the Open for Business Act, 2010 introduced several key amendments to the Construction Lien Act (“CLA”). For condominium developers, the most important change to the CLA is the addition of section 33.1 which requires developers to adhere to strict notice requirements when registering a condominium. Section 33.1 came into force on July 1, 2011.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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