The holiday season is a time for joy, reflection, and spending time with loved ones. However, it can also be a busy and stressful time for those involved in real estate transactions. Whether you are buying or selling a home, closing a deal during the holidays can present unique challenges. However, with proper planning and […]
The title of this post is not correct. But it is safer than saying the correct rule of law. A recent order dismissing a case involving a claim brought under the National Flood Insurance Program (NFIP) for failing to bring suit within the one-year limitations time shows why my practical rule may be better than the more […]
In the newest episode of Resilience, Pillsbury’s Shellka Arora-Cox and guest Adam Hise, Managing Director of Storage Risk Solutions for Ascend Analytics, dive deep into the evolving world of battery storage, market volatility, and how companies are navigating risk in a dynamic energy landscape. (Editor’s note: The following transcript has been edited for clarity.) Shellka Arora-Cox: […]
COVID-19 has had far reaching economic effects that continue to ripple through every industry, and real estate is no exception. In this time of uncertainty many of those who have recently entered into real property purchase contracts find themselves unwilling or unable to complete the transaction. These buyers often have thousands of dollars at risk […]
This is the third Tale in my recent mini-series on Real Property Reports (RPR), municipal compliance, and building/development permits. Our first two Tales dealt with the maze of bureaucracy that surrounds permits and the dangers of not getting a clean RPR with compliance when buying real estate. As per usual, my examples are from Alberta, because that’s […]
The Difference Between Winning and Losing A Real Estate Contract Lawsuit I have handled countless cases enforcing and defending real estate contracts, particularly involving Offers to Purchase and Purchase and Sale Agreements. For buyers, these cases typically involve the standard form Offer (or Contract) to Purchase, a one or two page short form contract, which […]
Another year is over, and Tina (my assistant) and I are closing down the blog for a few weeks. As usual, we have links below to some of our best posts of the year for you to read (if you have not read them already) or read again (if you have). With a few more […]
Thomas Kearns Publishes Article in NYREJ on Risks to Lenders and Their Servicers When They Delay Negotiations Over Defaulted Loans New York Real Estate Journal published an article on November 26 authored by Co-Chair of Olshan’s Real Estate Law practice Thomas Kearns entitled “Borrower Permitted to Prove Delays and Bad Faith by Lender and Servicer” […]
Wills and trusts are both estate planning tools and involve giving your assets to others, but the difference between them is often a bit murky for clients. This blog highlights some of the key differences between wills and trusts within the context of estate planning in Ontario. When is it Effective A will gives legally […]
Death, divorce, disease, disability and wealth often lead to situations where people may change homes or have multiple places to live. Anytime these happen, policyholders need to be careful that their residential insurance policies do not stop providing full coverage. This is a significant issue, as I noted in “Residence Premises” and Other Killer Exclusions, […]