Let’s assume that for some reason you feel compelled to offer and assist someone who needs financing for their business. What security do you want? Well, you should get everything …
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 …
Is Probate Necessary Before Property Can Be Transferred?
The old reference to “probate” in Ontario has been replaced with the Certificate of Appointment of an Estate Trustee. Probate referred to proving the Will in Court. Naturally, the procedure …
Mick Jagger Knows the Canadian Residency Rules: Do You!
You have to be careful if you’re purchasing property from a non-resident. If you don’t, you may end up paying their income tax. As part of every real estate transaction …
Matrimonial Home ~ Special Rights in Ontario
Matrimonial homes in Ontario are subject to special considerations. In most cases, people believe that if a couple is married, then the house is split 50/50. Others, usually older people …
Matrimonial Home Designations in Ontario
There is an opportunity under the Family Law Act to designate a home as a “matrimonial home”. You might think that married couples would wish to avail themselves of this …
Insurance Coverages Explained
When it comes to real estate there are several different types of insurance policies that are often discussed, and it is important to know the differences: • Property Insurance• Personal Property Insurance• Personal …
In Ontario Everyone has a Will
Everyone has a Will. The problem is that most people don’t know where it is. They have never seen it, they never signed it and they don’t know what it …
Condominium Ownership Explained
A condominium is a parcel of real estate. It is one single unit of a condominium corporation. In effect, it is one method of common ownership with others of a …
Real Estate Opportunities for Entrepreneurs
One of the best opportunities for investment is owning your own building. This is a great advantage for small business entrepreneurs. If you have a location for your business that …
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