Greg Weedon, a real estate litigation lawyer in Toronto, said the NDP bill was a step forward, but given the widespread misuse of NOSIs, a better solution would be to eliminate them entirely.
"We're seeing a considerable uptick over the past two years. Hundreds of thousands of dollars registered on title. Generally vulnerable senior citizens who are socially isolated and low income and unable to fight this in the normal channels,"
"The only way to fix this problem is to eliminate NOSIs altogether, going forward and going back," he said.
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