contents
VO LU M E 2 0 I S S U E 3 S U M M E R 2 0 1 4
16
Exclusive: Focus on Super Priorities
e CRA's collection of these unregistered debts creates uncertainty in the land titles system for mortgage brokers
and lenders
By Ralph Yetman
features
MORTGAGEBROKER mbabc.ca | 5
23 Financing Strata Corporations
When the contingency reserve fund is insu cient for major
repairs or maintenance, there are other options for cash-
strapped strata corporations
By Brian Chat eld
29 OSC Cap Proposal Creates Shock Waves
MBABC protests limit on the amount eligible investors can
invest under an o ering memorandum exception
By Samantha Gale
35 Bill 17 Has Implications for Mortgage Brokers
With tougher rescission rules, it is more important than ever for
mortgage brokers to make sure pre-sale purchasers are prepared
to close with secure mortgage nancing
By Ed Wilson
37 Class Action
Prepayment clause sparks class action suit
By Ray Basi
44 You've Been Sued!
Understanding the basic legal process of small claims and
Supreme Court lawsuits
By Nigel Trevethan and Steven Abramson
departments
10 Board of Directors
12 Update: News for mortgage brokers
14 Letters to the Editor: Views on current topics
columns
7 Message from the President
9 Report from the CEO
39 Legal Ease
Cover: Burrard St. Bridge by Ajay Soni
