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Personal Real Estate Corporations (PRECs) are here! What are they and how are they different from any other corporation?

Prior to the end of 2001, professionals could not incorporate their practices except as allowed by the laws that regulated their specific profession (all compliant professional...

Levy Zavet – The Misconceptions Between Guardianship and Power of Attorney

If a person becomes incapable of making decisions for themselves, a family member, close friend, or another person or sometimes even a trust corporation often receives...

Levy Zavet – Is it time to sell your family cottage?

Quiet days spent fishing on the lake, jumping off the dock into the cool refreshing water, nights spent around a campfire and endless family game nights:...

Levy Zavet – What is a spousal trust for your will?

A spousal trust is an important aspect of the estate planning process that is often overlooked. Sometimes called a testamentary spousal trust, this important tool is...

Registering a Notice to try and save a Power of Sale

Often, borrowers loosing their home to a power of sale will take any advise they can get to stop the process. Borrowers are sometimes led to...

Meeting your legal needs during Covid-19

Meeting your legal needs during Covid-19 At Levy Zavet, the health and safety of our clients and staff is our top priority. During this time, we are...

Private Lending: Do not Rely on Someone Else’s Appraisal!

Often private lenders will receive a brief term sheet with an email introduction from a mortgage broker or agent trying to place a mortgage deal.  Included...

Levy Zavet Lawyers – Are restrictive covenants always totally and completely enforceable?

For most buyers purchasing real estate, it is common practice to check municipal by-laws to determine whether their intended use for a property will be permissible....

Levy Zavet Lawyers: A Real Estate Lawyer’s Top Tips for First-Time Homebuyers in 2020

As 2019 came to a close, many Canadians are setting their sights on 2020 and making plans for the next decade. If one of your New...

Do Private Lenders need a brokerage license to lend in Ontario?

Do Private Lenders need a brokerage license to lend in Ontario?  The Mortgage Brokerages, Lenders and Administrators Act, 2006 establishes that anyone acting as a mortgage lender...