That’s right. As much as we think certified cheques and bank drafts are guaranteed funds, they are NOT guaranteed and can be reversed. That is a little known and very scary thought for everyone (including lawyers who deal with certified cheques and bank drafts every day). Believe it or not, lawyers who accept certified cheques…

On December 14, 2016, the provincial government received the final report on the Ontario New Home Warranties Plan Act and the Tarion Warranty Corporation itself. One of the most interesting aspects of this report is its criticism of how the Tarion Warranty Corporation currently manages three distinct (and seemingly conflicted) aspects of the new home warranty scheme, being (1)…