
Agenda
9:00 - 9:05 Introductory Remarks 9:05 - 9:30 The Role of Title Insurance in Residential and Commercial Transactions
- What is covered - the role of endorsements.
- What is not covered - the continuing responsibility of lawyers.
- Claims - how to deal with them effectively.
Bruce McKenna, Lang Michener LLP
9:30 - 10:00 Environmental Law Considerations
- New searches, new registry, new developments.
- New searches in the due diligence process.
- New register: the environmental site registry.
- New developments of interest to real estate lawyers.
Janet Bobechko, Fraser Milner Casgrain LLP
10:00 - 10:30 Update on Electronic Registration . . .
- Tendering in an electronic registration environment.
- Non-electronic registration documents in an electronic registration environment.
- Practice pointers: getting the deal done.
James H. (Kim) Little, Q.C., Little, Inglis
10:30 - 10:45 Break 10:45 - 11:00 Lender Outsourcing 11:00 - 11:45 Demystifying Goods & Services Tax
- Tips and traps relating to real estate.
- Which side is required to account for the GST.
- What is, isn't and might be exempt.
- New housing rebate problems - when does a purchaser qualify?
David M. Sherman LLM, Tax Author & Consultant
11:45 - 12:00 Questions 12:00 - 1:30 Lunch 1:30 - 1:50 The Perils of Practice and Precedent: Real Estate LawPRO Claims
- Recent claims.
- Old matters that continue to challenge the real estate bar.
Tim Clarke, LawPRO, Lawyers' Professional Indemnity Company
1:50 - 2:30 The Ontario New Home Warranty Program
- Uncovering the mysteries.
- Overview and new initiatives.
- Why ONHWP matters to lawyers.
- ONHWP in action - some recent examples
Netanus Rutherford, Ontario New Home Warranty Program
Ellie Choi, Ontario New Home Warranty Program2:30 - 3:15 The Art of Divining and Dealing with Real Property Taxation
- Difficult to assess: new properties, property splits, new condominiums.
- Difficult to apply: clawbacks, tenant allocations, caps.
- Difficult to adjust: undertakings to adjust, outstanding tax appeals, reassessments and omitted assessments, and qualifications in tax certificates.
Michael Bowman, Osler Hoskin & Harcourt LLP
3:15 - 3:30 Break 3:30 - 4:00 Representations and Warranties in Real Property Transactions
- Drafting representations and warranties - what are the differences?
- Relying on representations and warranties - remedies for breach.
- The effect of the "Entire Agreement" clause.
Catherine Patterson, McCarthy Tétrault LLP (London)
4:00 - 4:30 Prescriptive Easements and Adverse Possession: Not So Adverse Anymore?
- Pye v. Graham - House of Lords rules for "honourable squatter" - stamping out heresy or the biggest ever land grab?
- Will Ontario courts follow suit?
- The "new" Real Property Limitations Act.
- Ingredients for a successful claim to possessory title or a prescriptive easement.
4:30 - 4:55 Cases That Really Scare Me #3: Some Old, Some New, Some Not Yet Reported The sealed contract rule. Some commercial leasing scary cases. Some recent mortgage scary cases. Reuben Rosenblatt, Q.C. , Minden Gross Grafstein & Greenstein LLP