Tag: liability
Tag: liability
Everyone’s a “Builder”, but what does that mean in terms of HST?
For purposes below referring to a “house” includes a condo as well. Did you know that CRA will consider you a “Builder” if:1) You are an...
Real Estate Law: Choosing a Real Estate Lawyer and Understanding Fees
Often clients will shop around for legal services as if they were a commodity and not a service and therefore the lowest price is the only...
ESTATES & EXECUTORS: How the Family Law Act impacts the administration of an estate
Restrictions on Distribution of EstateAfter the death of a spouse, no distributions can be made out of the estate during the six month period immediately following...
The Duty to Disclose Property Defects
This question often comes up with clients: Are we required to disclose latent defects in the property we are selling?A latent defect is a defect that...
PARTNERSHIPS: Limited Partnerships (LP) vs. Limited Liability Partnerships (LLP)
Limited partnerships are formed to carry on any business that a general partnership can also do. Its principal feature is that the liability of each limited...
BUSINESS: Sole Proprietorships, Partnerships, Limited Partnerships, Limited Liability Partnerships, Corporations & Joint Ventures
The most basic form of business organization, used in a wide variety of circumstances, is called a sole proprietorship. Such organizations are relatively inexpensive to set...
WHAT YOU SHOULD KNOW ABOUT CANADIAN CORPORATE LAW
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...
