Estate Sale: Closing Extension Clause

Estate Sale: Closing Extension Clause DELAYED PROBATE Here is a clause provided by a listing agent to be included in the Agreement of Purchase and Sale: “The Buyer and Seller …

Estate Liability For Purchase

Question: The husband signed an Agreement to purchase a property, but, he was killed in a car accident before closing. What happens now? Is his Estate liable? Answer: This is …

Joint Tenancy Issues in Ontario

Question: Bob and Martha are brother and sister, they were left a house by their mother, as joint tenants. Martha dies. Can you list the property right away, on Bob’s …

Estate To Uses

An estate means an “interest in land”. An estate to uses, is short for “to such uses as the settlor may appoint”.  In this case, we have a trust for …

Powers of Attorney

Basically, there are two kinds of Powers of Attorney: Personal Care, General for Assets. Most people need them both. The first one deals with daily living decisions which affect the …

Joint Tenancy Thwarts Bankruptcy

Joint Tenancy Thwarts Bankruptcy Ontario Real Estate Source By Brian Madigan LL.B. Having property registered in joint tenancy actually worked quite favourably. A doctor acquired a matrimonial home and placed …