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Developing land – Site Plans and Record of Site Condition

In the city of Burlington there are many requirements for developing land. Generally if the land is raw an owner will have to prepare a Record of Site Condition (Environmental) that can cost $10,000 – $15,000 or more, a Site Plan which can cost $100,000 or more and various other municipally mandated items.  

Endangered Species Act – the basics

I am representing a buyer of a parcel of raw industrial land in Hamilton and I included a condition that we are satisfied that there are no undue risks related to the Endangered Species Act. There are 2 main Acts – The Species at Risk Act (Federal) and the Endangered Species Act (Provincial). For interest…

Commercial Leasing – is it TMI or TMIM?

Tenant Representation

To review, TMI stands for Taxes, Maintenance and Insurance, and on a net lease it allows the landlord to recoup direct costs of ownership from the tenant. Each year the costs are tallied and a new TMI charge is calculated. Some landlords want to charge for management as well, and slide in a management charge,…