April 2017 will possibly go down as the turning point in Ontario/Canada’s economy. Although the brunt of the straws that broke the camel’s back were dropped in Ontario, it’s obvious ...
The Constructive Trust A constructive trust is formed by operation of law. It is considered an equitable remedy so as to prevent unjust enrichment, which is when the law imposes ...
Earlier we have seen how Goodyear benefited from its lawsuit against Burnhamthorpe. This verdict is compared with the generally accepted good law set out in Corbett v. Plowden over one ...
Goodyear v. Burnhamthorpe Goodyear was the tenant under a long-term ground lease of part of an office building in Etobicoke, known as 10 & 21 Four Seasons Place, where the ...
Assignment and Assumption of Contracts General Rules The lease is a mixture of benefits and obligations, which can be unilateral or bilateral. The “assignor”, or a party to a lease, ...
Leases and tenancies of a secured property are of great interest to a commercial lender for the following reasons: 1. The borrower could pay the debt from the rent obtained ...
Other Legal Challenges Earlier we have discussed three Municipal Tax Sales clauses, which if applicable, leads to cancellation of sale. Besides cancellation by the treasurer, the tax sale could be ...
It would appear that when registered leases are liened electronically, adherence to the rules is not as strict, sort of relaxation of rules is practiced, as would be seen from ...
We have discussed earlier one of the two methods by which a contractor working for a tenant is able to get a lien on the freehold of the property. The ...
Overview Regardless of the fact that the individual is a landlord, a tenant, or a lien claimant, it is important for each of them to be aware of the unique ...