Advocate Daily » Lisa Laredo

Transparency needed with rent control provisions

Candice MacLean — Thu, 16 May 2013 09:21:27 +0000

By Lisa Laredo The rules relating to rent in the Residential Tenancies Act do not apply to rental units where no part of the building was occupied for residential purposes before Nov. 1, 1991. The existence of this exemption is not widely known by renters in Ontario. Read Toronto Star The rules relating to rent [...]

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Monster home permit error highlights planning policy issues

Helen Burnett — Thu, 14 Mar 2013 08:18:08 +0000

A “monster home” that the City of Brampton has ordered demolished after a permitting error highlights the often complicated and contentious issues of public planning policy, says real estate lawyer Lisa Laredo. According to reports, a “technical discrepancy” on the part of the city may have allowed the building permit for the partially-built 6,600-square-foot home, [...]

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Why ‘rent-to-own’ arrangements don’t work

Helen Burnett — Fri, 22 Feb 2013 07:35:02 +0000

By Lisa Laredo Many years ago, you occasionally saw long term agreements of purchase and sale in which purchaser A agreed to purchase a certain property from vendor B at a fixed price. The closing date was some years down the road. In the interim, A paid to B a monthly charge as rent plus [...]

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Law not able to enforce morality

Candice MacLean — Wed, 16 Jan 2013 07:30:42 +0000

A new Chinese law that will require adult children to visit their aging parents is problematic for those in that country, and would not be viable in Ontario either, says Toronto wills and estates lawyer Lisa Laredo. “The concept of requiring a person to physically visit another is a provision I have never seen,” she [...]

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The document dilemma faced by lawyers

Candice MacLean — Wed, 17 Oct 2012 07:57:40 +0000

By Lisa Laredo Drafting legal documents is in every lawyer’s job description, and a dilemma exists within this essential task. In most cases, this paperwork becomes too complicated for clients to understand, so they sign off on a document they can’t fully comprehend. Lawyers who draft complex documents, whether they be franchise agreements, commercial or [...]

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Stopping the unscrupulous tenant from working the system

AdvocateDaily Staff — Wed, 22 Aug 2012 08:16:32 +0000

By Lisa Laredo Ontario’s Residential Tenancies Act includes, as one of its purposes, the protection of tenants from unlawful evictions. Accordingly, the Act has set up an elaborate code of procedure governing the steps required before an eviction order can be obtained from the Landlord and Tenant Board. WATCH VIDEO In the area of non-payment [...]

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Keep your digital passwords safe, but not in a will, says Laredo

AdvocateDaily Staff — Thu, 19 Jul 2012 08:35:30 +0000

With many people storing information about their financial affairs and music collections digitally, the question of how an estate trustee can access secured information is becoming more valid – but this doesn’t mean passwords should be stored in a will, says Toronto wills and estates lawyer Lisa Laredo. Read Financial Post article ”There needs to [...]

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Toronto’s land transfer tax: nothing much will change

AdvocateDaily Staff — Tue, 12 Jun 2012 11:44:42 +0000

By Lisa Laredo Several years ago, the City of Toronto implemented a municipal land transfer tax. This tax mimicked the provincial land transfer tax which has been payable on all real estate purchases in Ontario for many decades. The municipal tax was designed to remedy a chronic shortfall in the municipality’s revenue. There arose an [...]

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Move to rein in CMHC won’t dampen market

AdvocateDaily Staff — Thu, 03 May 2012 17:08:24 +0000

A move by Ottawa to rein in the Canada Mortgage and Housing Corp. won’t throw cold water on the hot housing market, says real estate lawyer Lisa Laredo. Read Story in Toronto Star Under a bill tabled in the House the Office of the Superintendent of Financial Institutions will be given oversight of CMHC. Laredo says [...]

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We’re not getting any younger . . .

AdvocateDaily Staff — Mon, 16 Apr 2012 17:43:10 +0000

By Lisa Laredo Here’s a simple checklist of things for seniors to think about when getting their estates in order: Estate Planning  Never transfer property completely to a child if you desire to retain some beneficial interest in the property. Even the best of children can turn against you.  When giving instructions for a [...]

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