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BUSINESS SUCCESSION PLANNING: Passing down your business

Why plan who will take over your business now? What’s the need? It is estimated that in the next ten years just about half the number of...

WILLS & ESTATES: What Every Person Should Know!

The difference faced by a person selling life insurance and someone intending to make a will is similar to a great extent. The former has to...

MORTGAGES & FINANCE: What you don’t know; Securitization & Due Diligence!

Ever wonder why your mortgage has so many restrictions and requirements/conditions? Why are there so many different types of mortgages in the UK? Why does your...

MORTGAGES & FINANCE: Residential Construction Financing

In the residential market, construction financing is available for customers who are planning to build a new home or who want to reconstruct an existing property...

THE ECONOMICS OF THE MORTGAGE INDUSTRY

Real properties (real estate) like buildings, lands, residences are generally acquired by a purchaser through taking a loan. The promise to repay this loan is backed by a...

REAL ESTATE: Latent & Patent Defects when purchasing a home. Need a home inspection?

Latent defects in the eyes of the law applicable at the time when administering the sale of a real estate property (land, buildings and fixtures or chattels),...

THE BASICS TO LAND TITLE SEARCHES

A title search is conducted during the process of selling or purchasing or acquiring an interest in a property. Its purpose is to find out:If the...

LAND TRANSFER TAX IN ONTARIO: And now the HST!

In Ontario, the land transfer tax has to be paid if land is purchased in the province or an interest in land is acquired therein. This...

BUSINESS SENSE: Commercial Lease Enforcement & Remedies

The lease enforcement or implementation of the agreement between the landlord and the tenant should be deliberately followed to avoid any conflict and discussion. However, there...

THE BASICS OF A COMMERCIAL LEASE

The global economic recession unavoidably affected the commercial leasing market in Canada. This has caused landlords and tenants to think over their respective bargaining positions when engaging into...