Basically, buying a home is one of the best investments to deposit hard-earned money. This prospect comes along with various types of payment plans and financing options.One important factor to consider in purchasing a property is to know how much you can afford while thinking rationally, before hunting for a
A real estate development agreement is an agreement between two parties; a developer or a construction company and the owner of the land. This agreement refers to the construction and development of a commercial or retail project on the property. The developer is usually named as the construction or the development manager of the project. The developer’s duty is to be responsible for the negotiation with
Since the onset of the global economic struggles that hit the international business scene; trade and industry have been greatly affected. Commercial real estate in Canada is not spared from the global economic crisis. These economic challenges tend to lower the growth of business establishments that affect the acquisition and disposition of properties for commercial purposes.
Registration is very different from incorporation. A company has to incorporate only once, but it has to register to carry on business in any and all the places it intends to do business. Doing business in a province or a territory can mean running a business there, having an address, a post office box or phone number there, and/or offering services or products there in order to make a profit.
Even after submission of an application for incorporation to the peoples concerned, doubts remain, a feeling of something left unfinished prevails, and a good night’s sleep becomes difficult. To set such things at rest, it is preferable to look at the matter afresh so as to remove the niggling concerns before the last action.
I love this saying…“you can’t change the past but you can ruin the present by worrying about the future”. It applies to so many of us. Some of us become paralyzed over a mistake, a lapse in judgment, an event. The paralysis then creates an avoidance to do what you otherwise know you have/should be doing and voila, you bury your head in the sand wishing it all will go away.
Companies incorporated under the Canada Business Corporations Act can choose to use a corporate name or will have a numbered name assigned to them. There are advantages in incorporating under a name, additional effort and expense notwithstanding. Corporate communication and advertising today depends on a corporate name, which is a very valuable asset. It tells people who the company is and
With incorporating, a new corporation or company is launched, which is a legal entity effectively recognized as a person under the law. The corporation could be a business (company), a non-profit organization, sports club or the administration of a new city or town.In Canada, the process of incorporation is carried out either on the federal or provincial level. Federally incorporated companies would
Among the definitions of business, the Concise Oxford Dictionary lists it as a person’s regular occupation or trade and then further elaborates it as commercial activity. The point to be noted here is that the word corporate has not been used, though it generally means a large company or group usually engaged in commercial activity. That is not, however, necessarily true: There are corporate bodies engaged in
Case analysis on the Ontario Court of Appeal decision and interpretation of Section 98 of the Ontario Condominium Act, specifically deals with an owner needing approval from the condominium board for any addition, alteration or improvement to the common elements. The court found that the installation of a hot tub did not need approval by the board subject to section 98.