The closing date is usually the final step in the purchase or sale of a home. However, the closing very often (even more so since the onset of the ongoing COVID-19 pandemic) may be required to be extended. The completion (or lack thereof) of the real estate transaction on the originally agreed upon closing date …Read More
It is well established by the Courts that an Employer has an almost unfettered right to terminate the employment of an employee. However, in the event of a termination of employment on a without cause basis (meaning no fault of the employee) the debate over the amount of notice or pay in lieu thereof required …Read More
Purchasing a home is always a meaningful and significant experience for first-time homebuyers. Still, sometimes the excitement that surrounds a homebuyer’s transaction clouds the realities of some of the unexpected costs associated with purchasing a residential property for the first time. One of these unexpected costs is the dreaded Land Transfer Tax (LLT). LTT is …Read More
(and no, Land Transfer Tax is not a scam) While a typical right-of-passage of adulthood has traditionally included the first purchase of a home, skyrocketing prices, lack of inventory, bidding wars and income insecurity have made this milestone incredibly challenging for today’s first-time home-buying demographic – arguably more now than any time in the past …Read More
Make sure you know what you’re ordering In my unique role, I interact often with prospective clients who are trying to decide on a law firm for their upcoming real estate transaction. Many are first-time homebuyers. Almost all have questions: ‘Who’s the best lawyer?’, ‘What’s a good price?’, ‘Is Land Transfer Tax a scam?’, ‘How …Read More
* This blog posting contains general comments only and should not be considered specific legal advice. Readers of this blog do not establish any solicitor-client relationship. The comments and opinions expressed in this Blog represent the comments and opinions of the writer alone and may not represent the comments and opinions of Refcio & Associates as a collective law Firm. Individuals are encouraged to speak to a lawyer for specific advice and opinion regarding their particular set of circumstances. Refcio & Associates is pleased to provide a free initial consultation to those individuals seeking to retain legal counsel.